Buy-to-let landlords will embark on a home buying spree in
2013 while young adults and families remain trapped in rental properties,
according to a forecast by Britain's
biggest property website. Three out of
four professional landlords will buy more homes in 2013, while the number of
"virgin landlords" looking to buy for the first time is running at
the highest level for a year, the research from Rightmove found. Meanwhile, 53%
of tenants say they are trapped in renting, wanting to buy a home but unable to
afford to do so. The research is published as a committee of MPs begins a
formal investigation into the problems facing Britain's "Generation
Rent". The Commons communities and local government committee will examine
the potential need for rent controls, regulation of landlords and letting
agents, and a revision to tenancy contracts.
Read more on the Guardian website.
No comments:
Post a Comment