Landlords in the East of England most positive about the future according to Paragon

May 3, 2018

Landlord confidence across a range of measures remained stable or increased in the first quarter of 2018 compared with the end of last year, according to a recent survey carried out on behalf of Paragon.

Paragon reveal that landlords in the East of England were most positive about the future, with over half (53%) of those surveyed indicating that they felt upbeat about the prospects for their own lettings business over the next three months.

This quarter’s results show landlords in Central London are currently least optimistic, with only 26% rating prospects for their own letting business as good or very good over the next three months, according to Paragon.

John Heron, Managing Director of Mortgages at Paragon said:

“After an unprecedented level of change, it’s encouraging to see landlord confidence stabilising this quarter. At a regional level, the East of England and the Midlands look well supported, with encouraging data on tenant demand, yield and capital gains while the London market adjusts its footing after many years of strong growth.”

Read the Paragon report 2nd May 2018 in full click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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