15
Mar
Buy-to-let property owners 'can expect rent increases'
People who own buy-to-let properties - including those with
houses to rent in Sussex - should be optimistic
about rental yields.
This is according to new research from the Royal Institution of
Chartered Surveyors (RICS), which suggested that the net balance of
chartered surveyors who expect to see rents increase over the
coming quarter is 33 per cent.
The organisation - which conducts research and aims to inform
policy in the property, land, construction and environmental assets
sectors - noted that this is a jump from the 22 per cent recorded
in the last survey.
RICS suggested that the fall in new supply of rental property
coming on to the market is partly behind the trend.
It went on to state that the upturn in the housing sector has
probably encouraged some so-called 'accidental landlords', who were
unable to sell their homes previously, to put properties up for
sale again.
