Landlords 'feeling comfortable about 2010'

Landlords 'feeling comfortable about 2010'The majority of UK landlords are feeling confident about the state of the buy-to-let market, new research has revealed.

An Upad.co.uk report shows that 58 per cent of landlords are more confident than they were last month.

It is believed the reduction in the number of accidental landlords - people who rent out their home when they are unable to sell it - has eased the level of supply, meaning that the period where properties lie void could now be eased.

Such news may be welcomed by people looking for flats to rent in Blackheath or another part of London, as a confident landlord may be less likely to put up the price of rent.

Commenting on the news, Chris Horne, editor at Property Hawk, said: "I think [in the] case where landlords have got good tenants in that are able to pay the rents, then they are feeling fairly comfortable."

Written by Chris Price

Published 16th December, 2009

© 2009 Estates IT Limited

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Landlords are feeling increasingly confident as they head into the new year, it has been claimed - which could be welcome news for people looking for flats to rent in London who do not wish their costs to rise.

Landlords 'feeling comfortable about 2010'

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