The buy-to-let market in the UK would benefit from an influx of more private landlords, an expert has stated.

James Davis, chief executive at the upad website, said the idea of individuals renting out properties is something that should be encouraged.

He stated that boosting the number of private landlords coming into the sector would enable it to grow and regulate itself.

Mr Davis commented: "We need to attract landlords into the market place rather than push them away."

He added that offering as much choice as possible to prospective tenants would be a positive move.

Indeed, he stated that broadening the range of properties and services on the rental market should be "embraced".

The comments come after the Association of Residential Letting Agents found that in the three months to the end of August 2008, the number of new tenants went up by nearly 20 per cent.
ADNFCR-2002-ID-18899325-ADNFCR

Related posts:

  1. Manchester landlords ‘do not want pets in houses’
  2. Renting Property Without An Agent
  3. Struggling first-time buyers ‘supporting buy-to-let sector’

Leave a Reply

You must be logged in to post a comment.

HOME