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Wednesday, September 02, 2009

Reluctant Landlords Make You Want to Scream


The Association of Residential Letting Agents (Arla) has reported a fall in reported cases of 'reluctant landlords' by its members during the three months to the end of June.

The number of ARLA agents dealing with properties from home owners who were having to rent them out remained high at 80pc, but was well down from a peak of 95pc in November.

However, despite the fall, there are still a large amount of 'reluctant landlords' continuing to add to the saturation of supply of rental properties.

The hope is that as the property market recovers these 'reluctant landlords' will be able to sell unwanted property and exit the rental market, to help push rents up for remaining landlords.

" Please, anything, just don't make me be .........a landlord! Aaaaaagh"

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