Rise of the Reluctant Landlords ; Moneymail: News

Summary


HOMEOWNERS who are forced to move but are unable to find a buyer for their property are reluctantly becoming landlords.

This has led to a sharp upswing in the number of properties to rent, according to the Royal Institution of Chartered Surveyors (RICS).

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Extract


Rise of the Reluctant Landlords ; Moneymail: News

Its latest survey shows the number of new rental properties available has leapt by 13 pc -- the fastest increase in the past decade -- which means rents will not continue to rise.

In parts of the Midlands, Wales and the No...

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