Optimism in UK private rented sector at highest for four years

[Nicholas Wallwork]

Private property landlords in the UK are at their most optimistic since 2007 as the latest national survey shows the majority believes the industry is positive despite a dismal economic outlook. Some 65% of landlords surveyed rated prospects for their own lettings business over the next three months as very good or good, according to [...]

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[expo09]

No wonder landlords are optimistic. It's very difficult for many to get a mortgage, meaning more people looking to the rental market. This means more competitiveness when it comes to looking for a rented profits, therefore driving up the prices.

So not only are landlords finding they can let properties quickly, but they can also charge more.