Rental market 'stabilising'
New research has revealed that the rental market is showing signs of stabilising, it has been reported.
The Residential Landlords Association has commented on the findings from Landlord Assist, stating that there seems to be positive news "on a number of fronts" within the buy-to-let market.
It claimed that the number of residential properties currently for sale is "quite low" which could see prices in the rental sector stabilising.
And Britons who have had trouble finding their dream home to buy due to a lack of choice on the market may wish to consider property to rent in Eltham and other areas of London in the meantime.
Graham Kinnear, Landlord Assist's general manager, said there was reason for optimism in the buy-to-let industry as more workers and students came to the country from overseas.
Chris Horne, editor of Property Hawk, recently stated that Landlords need to ensure their properties are let and do their best to avoid periods where they remain empty.
Written by Charles Mackay
Published 18th September, 2009
© 2009 Estates IT Limited
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