Market News

Landlords upbeat over rental sector

10/03/2010

The latest Upad Rental Confidence Index shows that 61% of UK landlords feel more confident about the buy-to-let sector for March 2010, compared to February.


This figure is slightly higher than the result for the same poll conducted last month, which stood at 57%.


Survey respondents leaving comments stressed the increased positivity with the private rental sector, but continued to highlight issues such as student accommodation and Government funding. Statements included:


• “There are positive signs lending is returning to the market, which has been the biggest block in the past two years.”


• “Due to the University plans to build more Halls of Residence accommodation, there will be less demand for private rental accommodation.”


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