Landlords' main concern for 2010 will be that tenants might struggle with finances, a property website has stated.

However, professional landlords will see opportunities for a bargain thanks to current house prices, Property Hawk advised.

The past year has proved turbulent for those involved in the letting industry, editor at the website Chris Horne stated.

Stability is now expected to return to the buy-to-let market thanks to reasonably low interest rates combined with strong tenant demand.

"Where landlords can find a real bargain …they will maybe take opportunities", such as at auctions or when there is a forced seller, Mr Horne predicted.

The daily updated Rent Index showed that the average monthly rent was £587.41 on December 22nd.

A drop of 0.45 per cent was noted since the previous month and there has been a 0.03 per cent fall in rents over the past six months, it reported.

Figures from the Royal Institution of Chartered Surveyors found that house prices were reported to be rising among 35 per cent of surveyors.

Written by Claire DoyleADNFCR-2002-ID-19528040-ADNFCR

Related posts:

  1. 5% rise in house prices ‘expected in 2010′
  2. Landlord rent opportunities on the horizon
  3. Rics reports positive property price data
  4. Landlords ‘showing more interest’in buy-to-let
  5. New figures show landlord rent increase

Leave a Reply

You must be logged in to post a comment.