Friday 12 August 2011

Residential landlords feel more hopeful about prospects

Almost a quarter of landlords are feeling more optimistic about the prospects for their property portfolios, rental income and yields.

They are helped by a perception of availability of buy-to-let finance: 22% in the second quarter of this year said that it was reasonably available, compared with 17% in the first quarter.

According to Paragon Mortgage’s Q2 Private Rented Sector Trends Report, 23% of landlords feel more optimistic than was the case in Q1, particularly if they are professional landlords, with 30% stating they were more optimistic, compared with 15% of smaller-scale landlords.

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