Landlords - what's important

June 12th 2015
By: Mary.Wilkins
Landlords - what's important

Goodfellows’ parent company, LSL Property Services, has recently carried out a survey of more than a thousand UK landlords over the last couple of months. The results have indicated that there has been an increase in demand for properties to let of 4% during the last six months. This combined with almost 7% increase in lettings activity is encouraging and 97% of landlords asked, anticipate the continued increase in demand for their properties.

60% of landlords are confident that it’s a good time to invest in a buy to let property – showing an increase of 6% in confidence since September last year.
18% of landlords asked had bought more property and expanded their portfolios during the last year, with 24% planning to buy more in the next year.

Long term, the return on any investment is obviously important. However, 62% of those asked indicated that having trustworthy tenants is the most important factor, with 25% indicating that tenants who pay on time is rated second. Only 4% of landlords thought that obtaining the highest yield on a buy to let investment was the top priority.

If you would like to find out more about what properties Goodfellows have to offer, why not give us a call on 020 8687 0077.