10 Jan

Landlords could see increases in 2012

Landlords could see increases in 2012

Landlords who have property to rent in Dorset could see higher rental yields in 2012, according to the latest predictions from Belvoir Lettings.

Dorian Gonsalves, managing director of Belvoir Lettings, said that it is likely that there would be moderate increases in the price of renting elsewhere in the country due to many people being priced out of renting property in London.

"Rental fluctuation is likely to be very regional with some areas such as the South East likely to see a higher increase as rental prices force people out of London into the Home Counties," he added.

Elsewhere in the country, he said that any rises will be moderate at best, and that landlords should budget for such an eventuality, with rent still recovering towards the levels it hit in 2008.

Last year, rental yields across the UK continuously rose, with nine consecutive increases reported by LSL Property Services between February and October.ADNFCR-1222-ID-801260263-ADNFCR

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