14 September 2014
Nearly a third of landlords have increased rents during the first quarter of the year, research from buy-to-let mortgage specialist Paragon has revealed.
The research shows that 32% of landlords have raised rents across their portfolios during the period.
One in ten landlords said that rental income across their portfolio rose by up to 2% during the period, with a further 10% stating that it rose by between 2% and 4%. However, nearly 5% of respondents said that rental income had risen by more than 8%.