12
Feb
'Optimism seen by landlords'
Landlords have retained a sense of optimism in the housing market,
the chairman of the National Landlords Association has said.
David Salisbury claimed that, in the light of figures from Paragon
Mortgages that showed rents have increased in the last year,
landlords are still committed to offering "affordable" properties
for their tenants.
And strong yields ought to encourage even further investment in the
sector in the future, he argued.
"The chances are that, in the coming months, there will be
increasing demand placed on the private-rented sector," he
commented.
He added that both landlords and tenants will see the benefits
derived from "well-managed portfolios".
Mr Salisbury also remarked that the figures fit in well with
research from by own organisation that said 25 per cent of
landlords think their portfolios will grow in the coming
years.
Paragon's statistics noted that rents in 2007 rose by 19.4 per
cent, 8.1 per cent in the final quarter.