Research conducted by online letting agent PropertyLetByUs, suggests that rising rent prices and a reduction in rental arrears has led to over half of landlords in the UK looking to expand their portfolios in 2015.
With the survey suggesting that landlords have enjoyed substantial equity increases in their property portfolios, the survey estimates that the private rented sector is buoyant with impressive loan to value ratios of between 30% and 40%.
PRS Capital’s team have also seen a continuing increase in tenant demand alongside steady property value growth. As an organisation PRS Capital are always looking for development land existing developments to invest in as part of their portfolio growth strategy.
Discussing the market PRS Capital’s Dean Thompson explained that “PRS Capital has watched the growth of the private rented sector in the UK with interest and our team are constantly assessing regional growth areas, investment opportunities in order to develop housing schemes that are community focused and can support economic growth“.