First Reluctant Landlords and Now Reluctant Tenants

2009 was the year of the 'reluctant landlord', will 2010 be the year of the 'reluctant tenant'?

The UK property market is seeing an increased trend of 'reluctant tenants' following a shift in supply and demand for properties, according to new research from ARLA.

The excess of rental property is reducing, while demand for properties rise, the research from the Association of Residential Letting Agents (ARLA) took feedback from UK letting agents and landlords.

The research identifies the 'reluctant tenant' as often a previous homeowner who was forced to sell their home during the last year either due to financial instability or a job-move and are now struggling to find the right property, due to a shortage of both properties for sale and realistic mortgage options.

Read more on ARLA's discovery of this new property breed