From This is Money:
After enduring two years of falling house prices and a year or more of falling rents, landlords are now looking to property values rising and rents possibly increasing.
The latest quarterly survey of landlords by Paragon Mortgages shows that on average, they expect a 0.8% increase in the value of their portfolios over the coming year as the property market mounts a sustained recovery.
While this is only a small increase, it marks the first positive response since the first quarter of 2007 and follows the spate of recent house price reports suggesting house price are rising.
And according to property website FindaProperty.com, an early autumn surge in rental demand has also boosted buy-to-let. There were 6.2% more properties rented out in September, with a particular run of activity from students and young workers.
FindaProperty’s monthly report said that rents were steady at £829 in September, highlighting the market stabilisation that began in the spring. They have inched…
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