| TOP STORIES |  | | | | | SPECIAL REPORTS | | | | | | STAR INTERVIEWS | | | | |
|
|
|
Landlords remain important
BUY-to-let investors are vital to the health of the health of the housing market, according to the Association of Rental Letting Agents (ARLA).
In the latest ARLA Review and Index claims without these investors there would be little or no choice in the housing market.
The recent quarterly results showed 42 per cent of investment landlords have one or two properties to let and one in 10 have more than 10 in their portfolio.
Adrian Turner, the chief executive of ARLA said: "Our quarterly figures show investment landlords are in the business of residential letting for the long term.
"Without these investors, who have helped to save the private rented sector by re-financing it, there would be little or no choice in housing."
He added: "If that had happened, the probability is house prices would have risen further and the social rented sector would have buckled under the pressure."
The average life expectancy of property investments is 7 years.
2:17pm Tuesday 25th March 2008
Print 
Email this 
Comment
What are these links for?
If you liked this article and would like to share it with others on the web who might be searching for good content we've made it easy for you to do it.
At the bottom of all articles, you'll see links to six sites. These sites - commonly called 'social bookmark' or 'social news' sites - have large communities of web users who share and rate interesting, useful and fun things on the web.
Clicking the links will automatically add the address of the story you are reading to one of these sites, letting you share it with others. Each site will ask you to register to share stories. Registration is free and once a member, you can store, recommend and search for stories that interest you.
More on Digg
More on del.icio.us
More on Furl
More on reddit
More on NowPublic/
More on Yahoo!
