12 Feb

Landlords 'should feel positive about rental market'

Landlords 'should feel positive about rental market'

Landlords can feel positive about the rental sector in Britain, one industry expert has stated.

A spokesperson for the National Approved Lettings Scheme (NALS) explained that at times of housing shortages, the rental market steps into fill the gap.

"All of the demographics point to the fact that there is more and more need for rental properties and that's looking good for the future," he said.

The representative added that an increasing number of people are choosing to rent rather than buy property.

His comments come as a survey of landlord confidence carried out by Upad.com revealed that 57 per cent of British homeowners in the rental sector had increased confidence in the buy-to-let market at the beginning of February compared with the same time in January.

Figures published by the Council of Mortgage Lenders on February 11th revealed that lending in the market grew in the final quarter of 2009 for the second consecutive three-month period.ADNFCR-1222-ID-19614204-ADNFCR

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