The great house price stand-off: accidental landlords beware – Telegraph Blogs
A growing army of ‘accidental landlords’ is being created by the stand-off between potential homebuyers unwilling to overpay and would-be vendors reluctant to cut asking prices.
According to Land Registry figures, the number of homes sold last month has collapsed to little more than a third of the level seen a decade ago. That means many inheritors of property and those who would like to trade down on retirement are letting rather than selling. Some are willing and able to become DIY landlords but others prefer to use a letting agent.
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