Private landlords in north Yorkshire could benefit from increased demand for rental accommodation, a report suggests.

According to the Gazette and Herald, would-be homebuyers in the area are struggling to gain mortgage finance as a result of the credit crisis.

This has left many unable to take advantage of current low house prices, but those in the buy-to-let industry may benefit from the situation as they turn towards rental accommodation instead.

"People are telling us that they are struggling to get mortgages, and therefore they are having to rent,"said Kate Miller, lettings manager at Bulmers Letting Agent.

However, Ms Miller revealed that the firm has also seen the number of houses currently available for rent reach its highest level in two years.

Despite increased demand, this could mean that landlords also face stiffer competition in the rental market.

According to the Association of Residential Lettings Agents, rental returns across the UK are expected to remain "patchy"in 2009, meaning landlords should research their local area before adding to their property portfolios.ADNFCR-2002-ID-18968976-ADNFCR

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