A considerable number of property investors in Bristol may be planning to keep hold of their flats, new figures suggest.
According to a Paragon Mortgages' PRS Trends report, fewer than one in ten landlords recently polled across the UK intended to sell property over the last quarter of this year.
In addition, a third of those renting out homes expected tenant demand to grow over the next 12 months, with 57 per cent anticipating it will remain stable.
Paragon also found that landlords have been taking advantage of house price falls seen since the onset of the credit crunch, which have made properties in Bristol and the rest of the UK more affordable.
It revealed such people owned an average of 12 residences by the third quarter of this year, compared with 11 properties at the beginning of 2007.
Chief executive of the group Nigel Terrington said: "A number of factors point to renewed landlord confidence in the third quarter of the year."
Recently, it was announced that more than 11,000 homes will be constructed across the UK as part of the Kickstart programme, with 547 of these to go up in the south-west.
