Landlords 'optimistic about rental demand'

News Category: Industry News

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Despite the impact of the credit crunch taking effect in the UK economy, buy-to-let landlords remain optimistic about the private rented sector.

That is according to new research from Mortgage Express, which, the Financial Times has reported, revealed that confidence regarding rental demand abounds amongst buy-to-let investors.

Mortgage Express found that 60 per cent of advisers maintain that landlords envisage a bright outlook for the buy-to-let market.

Jeremy Law, head of buy-to-let for Mortgage Express, told the newspaper: "These findings reflect the confidence we are seeing from our portfolio landlords, who are in it for the long-term and believe the current market conditions present them with good buying opportunities.

"With rental demand increasing, it is not surprising so many landlords are feeling upbeat about buy-to-let."

Over the past eight months there has been a five per cent increase in the number of people renting property, according to research from moneysupermarket.

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