Return Of The Accidental Landlord

Tens of thousands of homeowners have become accidental landlords in the last year, as homes in the notoriously expensive South East and London struggle to sell. Around 80,000 homes formerly for sale in the previous six months have come up in the rental market this year, research from estate agent Countrywide reveals. The decision by owners to keep hold of properties and let them, in order to move home, has come despite a tax crackdown on buy-to-let - and Countrywide said one in 12 homes available in the rental market has previously been up for sale. Read more on the Daily Mail website.

‘Accidental Landlords’ Sitting On A Near £1m Property Goldmine

Landlords who accidentally fell into the rental sector could pocket over £800,000 as property values soar – with research revealing many don’t even know how much potential profit they’re sitting on. As the average UK house price increased by 17.72% over the past ten years, StudentTenant.com analysed how much accidental landlord’s properties are worth now, and how much they could be worth in another five years. One in four UK landlords may be described as accidental landlord – that is those who have become a landlord without having made the conscious decision to join the buy-to-let housing market. Read more on 24housing.