Date Published 15 December 2013
According to new research, nearly a quarter of landlords are looking to buy more property in 2014 and are feeling bullish about the new year, after falling rent arrears and rising rents during the last 12 months.
The study*, conducted by Makeurmove.co.uk – shows that the vast majority of landlords have experienced good rental yields with 59% achieving between 4-8%, while 25% achieved a yield of 8% or more this year.
(* Source: Makeurmove.co.uk research amongst 300 landlords, December 2013).
What's more, nearly a third of landlords are enjoying sizeable equity in their property, with a loan to value ratio of 20% or less and almost 60% of landlords expect to see property values continuing to increase in 2014. One blot on the horizon are interest rates and nearly half of landlords believe they will rise in the next two years.