Landlords and property investors are feeling more confident about the buy to let market says the latest Rental Confidence Index compiled by Upad.co.uk.

Its poll found that 57 percent of UK landlords are more upbeat about buy to let market in February 2010, compared to January.

Survey respondents leaving comments on the website stressed the increased positivity with the private rental sector, but highlighted lingering issues surrounding arrears and finances. Statements included:

“Rental is stable but arrears are mounting due to job losses.”

“More confident of the lettings market at the lower end.”

“Mortgage rates look like staying low at least until the end of the year. Because there are less completions, there is slightly more demand...”

For the 43 percent feeling less confident about the market, comments included:

“There is so much competition. Too many properties around and houses lying empty.”

“I am wary of the damage high interest rates will do to UK property.”

James Davis, founder and CEO of Upad, commented: “For the third consecutive month since we launched the Index, landlords have highlighted their growing confidence in the market.

“While it’s not a huge majority, I do believe we have turned a corner and that we will continue to see a greater number of new entrants to the sector, as banks begin to open their doors to lending, and renting becomes increasingly popular.”