Letting Agents Report 'Forced' Rentals On the Way Down As Market Lifts ; but Older Investors Are Swapping Low Interest for Bricks and Mortar

Western MailAugust 31, 2009

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Summary


"RELUCTANT landlords" are deserting the lettings market as a lift in the property market has helped to sell their homes, it emerged today.

The phenomenon emerged during the housing slump, when people who were unable to sell their properties opted to rent them out instead.

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Letting Agents Report 'Forced' Rentals On the Way Down As Market Lifts ; but Older Investors Are Swapping Low Interest for Bricks and Mortar

The Association of Residential Letting Agents (Arla) claimed today it has seen a drop in the number of members who reported dealing with so-called reluctant landlords during the three months to the ...

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