Thursday, May 16, 2013

Not such accidental landlords

Increasing numbers of homeowners are holding onto their previous property when moving to their next home. More people are swapping their existing property onto a BTL mortgage when moving on.

This trend was initially termed 'accidental landlords' following the property markets stagnation after the credit crunch. But it appears that more and more people are making this a deliberate exercise towards their long term financial investment goals. With many seeing their old home as a big part of their future investment / pension strategy.

Read more in This is Money

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