Accidental landlords return as home owners struggle to sell their homes - Telegraph

Accidental landlords return as home owners struggle to sell their homes - Telegraph

According to the Co-operative Bank, a fifth of its recent buy-to-let business has come from ‘accidental landlords' – where home owners choose to rent their existing property instead of selling it when they are looking to move to a new home.

Home owners are deciding to become landlords because they cannot sell their home. Recent figures by Rightmove show that properties are now, on average, on the market for over 105 days before they are sold. Last April the average time on the market was just under 80 days, showing that sellers are increasingly having to wait to sell their homes and move elsewhere.