Nine in ten investment landlords is currently opting to neither buy nor sell despite falls in both asset values and rental yields, research by the Association of Residential Lettings Agents (ARLA) suggests.
The latest ARLA member survey reveals signs of stability in the capital values of rental properties, with houses outside of London and the South East increasing in value by 1.5%, though the value of flats fell by 3.8% over the last quarter. However, the South East saw falls of 4.9% for houses and 5.9% for flats, and London saw even more marked decreases, with the value of rental houses dropping 4.3% and flats 12.8%. Ian Potter, head of operations at ARLA, says: "This suggests that the oversupply of new build flats in some areas may be coming to an end as local authorities, housing assoc...
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