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Buy-to-let income to rise

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Written by mfuser   
Thursday, 19 January 2012 00:00
Buy-to-let income is set to rise in 2012, according to Paragon Mortgages. Figures show that more than half (56%) of landlords expect demand for rented accommodation to increase over the next 12 months. Just 6% of landlords think tenant demand will fall over the year. In addition, almost half (45%) of landlords think they will increase their earnings from their buy-to-let portfolios this year, with only 2% predicting a decrease. There is no indication that any significant increase in arrears is expected, despite the struggling economy. Two thirds of landlords said that they thought arrears levels would stay stable and 20% said that they thought arrears would rise moderately.
Last Updated on Friday, 27 January 2012 11:51