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UK landlords 'optimistic'
Recent research has found that the number of UK landlords who are feeling positive about the property market has risen.
The research, from agency BDRC, is based on the opinions, attitudes and expectations of more than 500 private British landlords during the past few months.
Fourteen per cent of private landlords said prospects for the UK’s private rental sector looked ‘very good’ up from only 10 per cent at the end of last year.
However, eighteen per cent reported ‘very good’ prospects for rental yield over the three months to the end of December, down from 22 per cent a year ago.
While increased demand for rental properties and cheaper house prices improved the outlook during the third quarter of 2008, the proportion of landlords optimistic about prospects for capital gain was substantially lower than when the survey began, in October 2006.
There could be positive signs for the number of buying and selling transactions too; over 20 per cent of landlords stated that they intend to buy new properties before the end of the year.
Professional landlords are surviving the credit crisis well, with 96 per cent of landlords who own more than 20 properties reporting that they were in profit.
Use a bit of common sense.
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