Investment Property News - Bueno Investments Limited

Landlords have seen rents rise over the last quarter as potential first-time
buyers continue to struggle to get their feet on the housing ladder, new
figures show.

Many are waiting to see how the market develops after the recent credit
crunch and are opting to stay in rented accommodation, according to the
Royal Institution of Chartered Surveyors.

As a result, the Rics said that 31% more surveyors saw a rise in rents than
a fall in the third quarter of the year.

Jeremy Leaf, Rics spokesman, said: "With rents on the increase, many
would-be buyers will find accessing the housing market even more difficult
as they struggle to raise the capital for that first important purchase.

"However, many landlords will take solace from uncertainty in the economy
and enjoy the gains from rising rents."

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http://www.buenoinvestments.com/uk_property_investment.php (UK property)

http://www.rics.org/ (Royal Institution of Chartered Surveyors)