\nPrivate property landlords in the UK are upbeat about the rental sector and more confident than they were a month ago about the outlook for 2010
\nSome 61% feel good about the buy to let sector, up from 57% in February, according to the latest monthly rental confidence index from Upad, the national landlord advertising portal.\n<\/p>\n
\nSurvey respondents leaving comments stressed the increased positivity with the private rental sector, but continued to highlight issues such as student accommodation and Government funding.\n<\/p>\n
\nThey said there are positive signs lending is returning to the market, which has been the biggest block in the past two years but are concerned that plans by universities to build more Halls of Residence accommodation could result in less demand for private rental accommodation. They also want to see more lending.\n<\/p>\n
\nThe 39% who said they are feeling less confident about the market put their pessimism down to lack of lending. Finance that is available is too expensive and there are still too many bad debts and regulations in the sector. They are also worried about future interest rate rises.\n<\/p>\n
\n\u2018For the fourth consecutive month since we launched the Index, landlords have highlighted their growing confidence in the market. In the months to come, it will be interesting to monitor the lending capacity of the UK\u2019s banks, and the impact this will have on the sector,\u2019 said James Davis, founder and CEO of Upad.\n<\/p>\n
\n\u2018Overall though, I feel that this month\u2019s survey indicates the market is continuing to go from strength to strength, he added.\n<\/p>\n
\nLandlords keen to expand their portfolios can now consult a new online mortgages comparison site launched by the Association of Residential Lettings Agents (ARLA).\n<\/p>\n
\nThe free service is aimed specifically at buy to let borrowers and is flanked by sister sites, NAEA Mortgages for residential purchases and ICBA Mortgages for the commercial property sector.\n<\/p>\n
\n\u2018We\u2019ve had a wealth of requests from our members to offer this comparison service. This should have the benefit of assisting the landlord and, at the same time, providing tenants with a better choice in the marketplace,\u2019 said ARLA operations manager, Ian Potter.<\/p>\n","protected":false},"excerpt":{"rendered":"
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