Strong rental demand across the UK is 'likely to continue'

Buy-to-let property investors in the UK will be pleased by news that strong rental demand in most areas is likely to continue.

LandlordZone.co.uk has claimed that the difficulty to obtain a mortgage and uncertainty surrounding jobs has helped to ensure that an increasing number of individuals look to rent property.

Tom Entwistle, director of the lettings portal, said that he expected rental rates to remain consistent.

"We are in an uncertain period with worries about the economy once again, brought on by the euro crisis, plus a whole host of new measures to be introduced by the new government, with as yet unknown effects on the housing market," he explained.

Mr Entwistle made the comments after research by the Royal Institution of Chartered Surveyors predicted that rents would continue to climb, with the lack of supply of homes contributing to the increase.

The findings of the study demonstrate that a growing number of chartered surveyors were reporting a rise rather than a fall in rents so far this year.

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