Stable growth expected

property

paragon mortgages' survey shows landlords forecast a 6% annual rise in their portfolios

The typical landlord expects to grow their portfolio of rental properties by 6% over the next 12 months, according to Paragon Mortgages' landlord survey for the third quarter of 2004. The group noted this figure, which is the same as that reported last quarter, suggests landlords are forecasting steady, rather than explosive growth. A year ago, their growth forecast was 8.2%. It also showed that landlords are expecting the net value of the portfolios to increase by 3.2% over the next 12 months. Investors responding to Paragon Mortgages' survey have an average of 11.6 properties, 5.5% ...