Tuesday, 12 April 2016

Landlords Call For An End To “Scandal” Of Empty Buy-To-Leave Homes

The next Mayor of London must take action to deal with the “scandal” of so-called buy-to-leave homes, the Residential Landlords Association (RLA) has said. Investors buying up properties only to leave them empty as they sit back for the asset value to increase are denying homes to Londoners, the organisation added. With almost 57,000 homes in the capital thought to be empty, the RLA is calling on the next Mayor of London needs to use the powers available to ensure such homes are being used either by landlords who want to offer properties to live in, or are available to for purchase by would be home owners. Read more on the RLA website.

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