Land­lords fine tune prop­erty port­fo­lios

Yorkshire Post - Property - - PROPERTY -

RE­SEARCH from the As­so­ci­a­tion of Res­i­den­tial Let­ting Agents (ARLA), shows the num­ber of land­lords sell­ing prop­er­ties in­creased from six per cent to eight per cent in the fourth quar­ter of 2011.

The num­ber of land­lords say­ing they had bought prop­er­ties also rose, from 23 per cent to 25 per cent over the same pe­riod.

These fig­ures sug­gest that land­lords fo­cused on re­shap­ing their prop­erty port­fo­lios in 2011. Land­lords in the North West of Eng­land were par­tic­u­larly ac­tive, with 31 per cent of re­spon­dents buy­ing at least one prop­erty and 11 per cent buy­ing at least two.

Land­lords have been steadily de­creas­ing the per­cent­age they are bor­row­ing on each prop­erty. The cur­rent av­er­age loan-to-value is 46 per cent.

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