'Higher rents on the horizon' for buy to let landlordsWritten by Jeni Browne

Landlords with buy to let could be set to benefit from higher rental incomes in the near future.
According to the managing director of landlord website Smartlandlord.co.uk, Keshav Thukaram, there will soon be an increase in the ratio of prospective tenants to available rental properties.

Consequently, rents can be expected to "rise considerably", the industry expert suggested, before warning landlords of the importance of having rent guarantee insurance in place in case their tenants lose their jobs and cannot pay what they owe.

Reflecting on the buy to let industry as a whole, Mr Thukaram said: "The private rented sector has a major role to play in pulling the housing market out of the current slump and in housing people in years to come."
 


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