Landlord investment in residential property has increased significantly over the past three months despite slight easing of tenant demand, according to research from the Association of Residential Letting Agents (ARLA).
The proportion of ARLA members who think landlords are currently increasing their net investment in the private rental sector by buying properties has risen sharply – from 30% to 39% – over the last three months, indicating that rental property is still perceived as a safe investment amidst ongoing financial instability.
In addition to more landlords buying properties, the proportion of landlords selling is also down incrementally on the previous quarter, from 15% to 14%, again indicating sector confidence.
Despite this positive investment background tenant demand weakened slightly in the second quarter. The research shows that 54% of respondents said that there are more tenants than properties, a decrease from the 57% seen in the first quarter.
Christian Harper of ARLA
lettings
agent OliverFinn: “Chiswick rental properties are still seen as a good investment, despite the challenging economic climate. The slight slowing in tenant demand is not our experience locally with a continued appetite for homes to rent in West London.”
Do your research
Susan Fitz-Gibbon, President of ARLA: “We would urge anyone planning to let out additional properties, or landlords looking at changing their portfolio, to do plenty of research and consult with experts. It is vital to ensure your investment is properly protected – using an ARLA agent will mean you have access to Client Money Protection and a redress scheme, as well as advice on selecting the right property at the right price.”
The ARLA
Review & Index for Residential Investment - 2013. The latest details of the Buy to Let market. View recent surveys and look back at the
Buy to Let statistics from previous years.
agent OliverFinn: “Chiswick rental properties are still seen as a good investment, despite the challenging economic climate. The slight slowing in tenant demand is not our experience locally with a continued appetite for homes to rent in West London.”
Do your research
Susan Fitz-Gibbon, President of ARLA: “We would urge anyone planning to let out additional properties, or landlords looking at changing their portfolio, to do plenty of research and consult with experts. It is vital to ensure your investment is properly protected – using an ARLA agent will mean you have access to Client Money Protection and a redress scheme, as well as advice on selecting the right property at the right price.”
The ARLA Review & Index for Residential Investment - 2013. The latest details of the Buy to Let market. View recent surveys and look back at the Buy to Let statistics from previous years.
