Landlords remain confident

Published: February 07, 2008

Buy-to-let property investors in the UK benefited from increased rents in 2007, fuelling their confidence about the market.

The National Landlords' Association (NLA) has revealed that many investors plan to expand their portfolios in the coming years.

David Salisbury, chairman of the NLA, said that landlords are experiencing good yields at present as demand for rented accommodation is so high.

"These figures show that professional landlords remain confident about the market and are firmly committed to providing decent and affordable accommodation to those who choose to rent," he commented.

"It corresponds with recent research from the National Landlords' Association that over a quarter of landlords expect their portfolios to expand considerably over the next five years.

"The chances are that, in the coming months, there will be increasing demand placed on the private-rented sector and well-managed portfolios can only serve to benefit both tenants and landlords alike," continued Mr Salisbury.

The Association of Residential Lettings Agents recently revealed that the average UK landlord saw yields increase in January.