13
Jan
Landlords 'to hang on to stock'
Most buy-to-let landlords expect to hold on to their stock over the
next 12 months rather than selling it, a new study has found.
The fourth quarter 2008 survey by the Association of Residential
Lettings Agents (ARLA) established that 88 per cent of investors do
not expect to sell in the next year.
Landlords are tending to hold on to their portfolios for a long
period, with the average duration being 16.3 years and a fifth
expecting to keep their stock for 20 years.
ARLA's head of operations Ian Potter said buy-to-let investors play
a valuable role as "the people who provide the housing solutions
for those hit by the current recession and into the future".
Those keen to increase their portfolios may seek the expert advice
available at the forthcoming Homebuyer and Property Investor Show
2009, organiser Homebuyer.co.uk has stated.
The event will take place at the Excel Centre in London from March
6th-8th.
