Four Out of 10 Landlords Planning to Raise Their Rents This Year

Summary


THE cost of being a tenant looks set to continue rising, with four out of 10 landlords planning to hike their rents during the coming year, research suggests. Around 41% of landlords in the private sector said they expected to increase rents during the next 12 months on the back of strong levels of tenant demand, according to buy-to-let lender the Paragon Group.

A further 55% of landlords plan to maintain rents at their current level, with just 4% saying they will reduce the amount they charge.

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Four Out of 10 Landlords Planning to Raise Their Rents This Year

Nearly a third of buy-to-let investors claim the...

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