It is "imperative"that private landlords have access to mortgage finance, while the government must work hard to ensure those working in the private rented sector (PRS) are supported in this regard, it has been suggested.

According to the Association of Residential Letting Agents' (Arla) operations director Ian Potter, chancellor Alistair Darling needs to recognise that property professionals in this sector need help.

His comments come after an Arla survey indicated that the balance of supply and demand in the PRS is heading towards pre-recession rates, with central London in particular seeing the number of would-be tenants outweighing properties available.

"The reality of the UK housing market is that the PRS shoulders the burden of the lack of housing supply both now and in the future,"explained Mr Potter, who added that the stock of PRS residences needs to be "of the quality modern housing standards demand".

Meanwhile, November's Rental Index indicates that the lettings market has made a recovery in the second half of 2009, with landlord rent remaining stable or increasing in each of the last seven months.

Written by John Weeks

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