Landlord investment in residential property has increased over the last three months despite a slight decrease in tenant demand, according to new research.
The research carried out by ARLA suggests that the proportion of
landlords who are currently increasing their net investment in the
private rental sector has risen - indicating that rental property
is still perceived as a safe investment amidst ongoing financial
instability.
In addition to more landlords buying properties, the proportion of
landlords selling their properties is also down incrementally on
the previous quarter, from 15% to 14%, also indicating sector
confidence.
Despite this positive investment it appears that tenant demand has
weakened slightly in the second quarter. 54% of respondents said
that there are more tenants than properties, a decrease from the
57% seen in the first quarter.
Overall, this research shows rental properties are still seen as a
good investment option, despite the challenging economic climate.
The slight slowing in tenant demand is worth noting, but the
overall trend is still a continued appetite for rental homes.
If you are planning to let out additional properties or are a
landlord looking at changing your portfolio it is essential to do
plenty of research and consult with experts. It is vital to ensure
your investment is properly protected.
As property experts, Edinburgh solicitors Blair Cadell are in the
best place to advise you on your purchase plans, with area and
price comparisons, and opinion on market conditions, practical
property issues and negotiating tactics. If you are looking for
solicitors in Edinburgh look no further.
