With good returns on their lettings businesses and strong levels of capital appreciation over the past year, landlords continue to benefit from good overall returns taking into account both rental income and capital appreciation. Overall returns have now reached 22, up from 21 last month and a low of 18 in April this year.
More Quotes from John Heron:
Prices paid by residential property investors are still growing, but at a much slower rate than was seen during the heady days of mid-2004 when investors had to compete with owner-occupiers in a busy market with limited stock available. The recent cut in interest rates should encourage landlords to expand to their portfolios as there are still good deals to be negotiated while the owner-occupier market remains relatively slow.John Heron
September is a busy time in the rentals market with many people starting new jobs and the new academic year starting in universities and colleges.
John Heron
When looking at the private rented sector, its important to remember that landlords are running a business in which customer demand is key. If individuals, couples or families need homes in a particular area, landlords are likely to respond to meet that demand.
John Heron
There are issues clearly in the property investment club area but they have not flowed through into the buy-to-let and main residential mortgage market.
John Heron
A number of factors contribute to the sustained demand for rented accommodation in Yorkshire. The burgeoning student population of Englands largest county, with major universities at Sheffield, Hull, Leeds and York, among others, underpin demand for rented properties. Many students, after graduation, remain in the county and as first jobbers look for shared accommodation with their friends in the major towns. An important demographic trend that has sustained the growth of the private rented sector over the past decade or so has been the tendency for young people to leave the family home at a fairly young age to go on to further education and not return. In addition, there has been a net influx of jobs in some parts of Yorkshire which has helped create a requirement for more rented homes.
John Heron
Readers Who Like This Quotation Also Like:
Based on Topics: Capital Quotes, Past QuotesBased on Keywords: landlords, rental
Revived in this country the long forgotten beauties of Gothic architecture.
James Wyatt
This year, we must address the Colorado Paradox. We have more college degrees per capita than any state. Yet we lag the nation in the percentage of students who go on to higher education.
Bill Owens
One of the strongest and most persistent elements in national development has been that inheritance of political traditions and usages which the new settlers brought with them.
Albert Bushnell Hart