Majority of landlords more confident about buy-to-let

Comments made by 2010 survey respondents feeling more confident included:

* "More repossessions, uncertainty with interest rates, difficulty in getting mortgages all add up to an improved buy-to-let market."

* "More confident of buy-to-let in the New Year – more students looking for rooms."

For the 36% who are feeling less confident, statements included:

* "Buy-to-let mortgages are very difficult to get. Those available require very high arrangement fees – around 3%, and or low mortgage to value, or a high deposit."

* "Payments of Housing Benefit going direct to the tenant is making life very difficult…This is increasing voids and homelessness."

James Davis, founder and CEO of Upad, said: "The results from this survey bode well for the private rental sector, which – I believe – will see real growth during 2010. This is a positive start after what has been a very difficult period.

"Many professional landlords are taking a medium- to long-term view by taking advantage of purchasing deals in the current economic climate. In doing so they run their portfolio like a business, which will help to minimise unnecessary void periods."

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