Rental property investors 'need to assess local demand'
Date posted: 18 Aug 2010
People looking to invest in the rental sector need to check on the demand that exists in their local area for such properties, an expert suggests.
Published by Tim Hill.
People will need to consider the demand that exists for rental properties in their region before making any new investments, one expert has suggested.
According to Tom Entwistle, director of the letting property portal LandlordZONE.co.uk, a cautious approach might need to be adopted by investors at the present time.
He commented: "Assessing rental demand in any investment location is crucial."
The expert continued: "Compared to other forms of investment though, residential property still remains a relatively safe place to put capital, providing you [are] diligent."
Despite his warning, Mr Entwistle did point out that rent increases have been witnessed in the UK in recent times, while demand for rental properties has also stayed quite resilient in overall terms.
In a related property sector development, figures published by the National Landlords Association recently suggested that people's failure to pay their rent is the reason why 47 per cent of landlord possessions occur.
Please contact Michaela Henson, Head of Property for further information or call 01223 225178 
Click here to email or call on 0207 382 8060.
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