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Accidental absent landlord, needing to sell at a distance

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  • newsgroupmonkey_
    newsgroupmonkey_ Posts: 1,270 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    ReadySteadyPop said:
    sclare said:
    I'll be talking to the lettings agent this week @HobgoblinBT . Selling to a landlord would be ideal, but the tenants haven't been great at all, so I don't think a landlord would want them in situ. If they checked the state of the place and their rent payment history, they'd be put off.
    Also I imagine that the new laws coming in will be putting people off buying rental properties.
    Yes, that and the BTL borrowing costs, much harder to break even now I think.

    Borrowing costs are less than they were 18 months ago and rents (as you probably know) have gone up considerably in this time. Fewer rental properties on the market have forced up rents.

    https://www.zoopla.co.uk/discover/property-news/rental-market-report/
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