'Increased demand' for buy-to-let landlords
There is increased demand for houses from buy-to-let landlords, a new survey has revealed.
According to a report from the Royal Institution of Chartered Surveyors there was a two per cent increase in the number of surveyors that reported an increase rather than a fall in buy-to-let demand in the three months to September.
Furthermore, there was also a rise in demand for houses from buy-to-let landlords, with five per cent more surveyors reporting growth in this area.
Such news may be welcomed by people looking for property to rent in Hammersmith or another part of London as it could mean that there will be more choice available on the market.
Commenting on the findings, Lee Grandin, director of Landlord Mortgages, said: "Flats generally are very good let-able units because they are at the lower end of the market, which is what letting is all about."
Meanwhile, the Association of Residential Letting Agents recently revealed that the average number of properties held per landlord has risen from 6.3 to 7.0 in less than a year.
Written by Charles Mackay
Published 27th October, 2009
© 2009 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Improvement programme to be launched for Ruislip Manor shops
Those occupying flats to rent in Ruislip are set to benefit from a new scheme that will improve the look of shops in the Ruislip Manor area.
Read Article ... Published on 3rd February, 2012
South Kensington's revamped Exhibition Road officially opens
Demand for flats to rent in South Kensington could be set to rise following the official opening of the revamped and redeveloped Exhibition Road area.
Read Article ... Published on 2nd February, 2012
Brixton to receive new £12m health centre
Individuals seeking flats to rent in Brixton may be pleased to learn that a new £12 million health centre has been earmarked for the area to provide faster and more efficient services to locals.
Read Article ... Published on 2nd February, 2012
New primary school launches in Bermondsey
Families seeking flats to rent in Bermondsey will be able to benefit from a new primary school that has been opened in the area last month.
Read Article ... Published on 1st February, 2012
New study hails quality of Redbridge schools
People occupying flats to rent in Redbridge are benefiting from some of the best-quality state education in the country.
Read Article ... Published on 1st February, 2012
Sutton residents invited to National Libraries Day events
Local libraries are inviting people living in flats to rent in Sutton down for a series of events this February to showcase the range of services they have to offer.
Read Article ... Published on 31st January, 2012
Forest Hill: A bustling, scenic and pleasant place to live
People seeking flats to rent in Forest Hill will find that the area can provide them with one of London's most scenic spots, one of many reasons why it has become a popular place to live.
Read Article ... Published on 31st January, 2012
Tower Hamlets city bid receives Olympic athlete support
Residents of flats to rent in Tower Hamlets have seen the area's bid to receive city status win support from one of Britain's most promising Olympic athletes.
Read Article ... Published on 31st January, 2012
Waltham Forest to receive royal visit this March
People in flats to rent in Waltham Forest will get a chance to see the Queen in March 2012 as the monarch pays a visit to the local town hall.
Read Article ... Published on 30th January, 2012
Wandsworth to benefit from new road works regulations
Residents occupying flats to rent in Wandsworth will see extensive benefits from new regulatory changes that could help prevent them being unduly inconvenienced by road works.
Read Article ... Published on 30th January, 2012
Demand from buy-to-let landlords for houses is increasing in the UK, which may see more rental opportunities coming to the market.