Growing numbers of 'reluctant' landlords are driving the rental property sector across the UK, it has been reported.

Just as the current market turbulence has caused many prospective first-time buyers to put off a property purchase, market observers are now seeing a growth in the number of would-be sellers turning to letting until conditions improve.

While this is benefitting the nation's tenants, landlords have been warned that they may need to up their games in order to compete with these new additions to the market, the Observer has revealed.

David Adams, head of residential property at London-based Humberts estate agents, suggested that landlords may want to invest in their properties in order to benefit from long-term gains.

"You have properties that have been refurbished for sale - real high-spec properties - now coming up for rent,"he told the newspaper.

"These often make traditional rental properties, with their B&Q kitchens, somewhat tired by comparison and therefore more difficult to let."

However, the newspaper also reported that many of these new breed of landlords are inexperienced and therefore are expecting unrealistic rents, allowing professionals in the sector to take advantage.
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