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Monday, November 17, 2008

Tenants getting a good deal

Landlords have had a pretty bad press over the last few years. Tenants have been winging about how landlords have priced them out of the property market. What a load of tosh - but landlords new that anyway. Now it seems according to recent research that tenants rather than being the victims of a property owning conspiracy by greeding, lazy landlords are actually getting a pretty good deal.

Where do professional landlords go for their landlord insurance?

Money Week has recently done a study into the financial benifits of renting compared to buying. What they conclude unsurprisingly is its all about timing. Get your timing of a property purchase right. You as a property owner will be laughing all the way to the bank. Get it wrong and it's tears all the way and probably a decade of negative equity.

There survey found that had a tenant rented from 1980 to 2000 then renting would have come out cheaper by about £57,000.

As we enter a period of falling house prices it seems that the concept of rent being dead money along with all those pre credit crunch wingers may be thankfully assigned to the bin marked TRASH & TOSH!

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