Wednesday, 11 January 2012

Landlords expect increase in tenant demand in 2012

More than half of landlords expect tenant demand to remain high in 2012, research by specialist buy-to-let lender, Paragon Group has showed.

Data from the quarterly survey showed that 56 per cent of the 199 landlords surveyed expect tenant demand to either “grow or boom” in the new year, compared to 45 per cent who were asked the same question at the end of 2010. Only 6 per cent of those surveyed thought that tenant demand would decline in 2012.

When asked whether they thought rental income would increase during the next 12 months, 45 per cent of landlords surveyed expect levels to increase, whereas 53 per cent said that it would remain stable and 2 per cent said that it would decrease.

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