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When there is low private rented versus housing association or local authority, is this good for landlord who Buy to Let ? Or bad ?

When there is low private rented versus housing association or local authority, is this good for landlord who Buy to Let ? Or bad ?

Asked on Feb 16 2014, General in Birmingham | Report content

Answers (1)

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  • Hi Khaled, For me, anywhere where there is a low level of private rented property will represent a real opportunity for a landlord in the private sector. At the moment, it has been reported by Sequence that the last year has seen an increase of some 15 per cent in the volume of demand for these types of home, with an increase of six per cent in the number of new people coming into the rental sector as tenants. What this means, particularly in some of the emerging cities like Manchester and Birmingham (which I notice you are asking about) is that there are always potential tenants around in the market looking for somewhere to rent. If you are one of the few private landlords among a large proportion of housing association landlords, then the chance of you being able to find a tenant will be, in my opinion, much higher - so if you are able to get a property in these areas at an entry price that allows you the chance to make a good return, I would suggest that it is certainly a decent investment opportunity. Many thanks, Scott

    Answered on Feb 27 2014, Report content

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