Demand for rental property 'remains strong'
Whether it is flats to rent in Epping Forest or property to rent in Haringey, it would seem that the lettings sector remains in demand.
Managing director of the Buy-to-Let Show Oliver Romain said this week that the rental property industry in the UK "has remained very robust" despite the Nationwide economic problems.
He also suggested that the area is "counter-recessionary", which is positive news for landlords, as well as tenants who live in rented homes.
Mr Romain remarked: "Certainly as far as our business is concerned, I wouldn't say there has been a pick-up [but] I wouldn't say there has been a particular downturn either."
The expert has gathered knowledge of the industry from appearing at The Landlord & Buy-to-Let Show events, which are held across the UK and provide free advice and training to the landlords who attend.
Various rental property surveys in recent months have shown that the cost of living in flats to rent in the UK is down year-on-year.
Written by Charles Mackay
Published 9th June, 2009
© 2009 Estates IT Limited
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It has been suggested that demand for rental property has remained stong during the recession.