13 Jul

Landlords with property to rent 'will benefit from a recovering market'

Landlords with property to rent 'will benefit from a recovering market'

Landlords with property to rent have received good news from a housing expert who said they will benefit from the recovering rental market.

According to Chris Horne, editor at Property Hawk, this is the year of "opportunities" for landlords.

He stated that property owners will have the advantage of low interest rates and rising rents.

"Property prices are, if anything, coming down, which is good news for landlords because it means that rental yields are likely to go up on the back of falling capital prices but increasing rents," Mr Horne commented.

He said that a lot of people are putting off buying property and therefore there is a larger rental market for landlords to take advantage of.

The property expert's comments come after a report published by Upad revealed that 60 per cent of landlords were more confident about the property market than they were last month.

Chief executive at Upad James Davis added that he expected to see a rise in the demand for property to rent over the next six months.ADNFCR-1222-ID-19887405-ADNFCR

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.