Booming Rental Market
Despite fewer mortgages being offered to buy-to-let property investors in the UK. The rental market is still doing well as house sales diminish. The latest Lettings survey from the Royal Institution of Chartered Surveyors found that there are new properties to let, an indicator of supply, have increased at the fastest pace in the survey's history.
The lettings market is booming with many vendors opting to rent their property while sales in the housing market continue to dry up. Many are willing to hold and await the return of capital appreciation. Becoming a landlord is now an increasingly profitable option with rising rents and yields offering good returns.
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September 08th 2008
- New era of council house seems to be the answer
- Fines and falling rents to hit new forced landlords
- Where are all the forced landlords living…
- Families relying on renting to keep then afloat.
- Londons house prices take a dramatic fall
- Properties used as a future pension are facing trouble
- Stamp duty uncertainty is a gift to landlords
- 8.8 Decline on House Prices
- London Landlord Property Exhibitions
- Buy to lets can flourish as long as you have the right tenants