The private rental market is bucking the credit crunch, with 17 per cent of private landlords set to increase their rents by 5.7 per cent in the next three months.

FTAdviser, 12 Nov 08

According to the Business Development Research Consultants’ (BDRC’s) latest quarterly survey of more than 500 British landlords, the market is slowly getting better, with improved rental yields expected for the current quarter.

Overall 14 per cent of private landlords said prospects for the UK’s private rental sector looked “very good”, up from 10 per cent in the fourth quarter of 2007.

However, the percentage of landlords who are expecting very good prospects for rental yield over the next three months (18 per cent) is still not as high as this time a year ago (22 per cent). Although this is higher than last quarter. Full Article