Confidence remains among landlords

Confidence in the buy-to-let sector remains high despite the global credit crunch.

A report by the Association of Residential Lettings Agents (Arla) reveals that 90 per cent of landlords do not intend to sell any of their properties for the next 17 years at least.

In addition, a further 40 per cent expect to increase their portfolios in 2008 as demand for rented accommodation continues to grow.

Ian Potter, head of operations at Arla, said: "This is good news for the whole of the Private Rented Sector and for the housing market, particularly as it comes from surveys carried out well after the credit crunch had begun to bite.

"The rental sector is the lynchpin for all our housing requirements and needs continual investment from private individuals as it still suffers from a lack of investment from the institutions," he continued.

The survey also revealed that the vast majority of landlords see their properties as long-term investments, with just two per cent hoping to sell their properties within two years.

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