Almost half of the landlords (44%) surveyed in Paragon’s latest Private Rented Sector Trends survey, covering the first quarter of this year, said that tenant demand is continuing to grow.
The results of the quarterly survey carried out by the specialist buy-to-let lender also revealed that just 7% of landlords thought that tenant demand declined in the first three months of this year, and 46% said that levels remained stable.
Professional landlords were more likely than smaller-scale landlords to think that demand was growing – 46% compared to 37%.
The survey also asked landlords to comment on expectations of demand levels in the next 12 months: more than half (53%) said they believe demand will continue to grow and 36% thought it will stabilise.
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