Friday, October 17, 2008

Tenants Profit from Falling Rents at Landlords Pain


I have had concerns over the issue of falling rents on my rental flats, I read this article today in the Times which echoes my experience of falling rental amounts over the last few years.

Compounding my concerns that city rents are falling due to over supply of rental property.

The landlords savior amidst the credit crunch was supposedly going to be the rise of rental amounts but unfortunately the opposite seems to be happening.

Now all we can hope for is the lowering of inflation to ease btl mortgage repayments.

Tenants have never had it so good.

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