69% of landlords have reported increasing levels of tenant demand in the third quarter of 2021, with 36% stating the increase was ‘significant’.
A survey of over 600 landlords by BVA BDRC on behalf of Paragon Bank showed that regionally, net increases of 79% and 74% were reported by landlords in the South West and South East (excluding London), respectively. Although still seeing relatively strong levels of interest from tenants, a lower proportion, 59%, of investors with property in the North East indicated experiencing increased demand.
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