Why London landlords are selling up

This piece in the London Standard gives an interesting insight on why one London landlord is selling up.  Is she mad or does it make sense for London landlords to bank some of their profits?

I suspect that your view will depend on how old you are and how long you have been a landlord for.  Let's face it being a landlord is not the hardest job in the world.  Having said that there are the inevitable trials and tribulations of running a letting business.  All this is fine when you are young and enthusiastic.  Maybe when you get a little older and dare I say a little richer you don't always 'need the hassle'.  The average time a landlord holds a property for is 19.2 years according to the latest landlord survey by the Association of Residential Letting Agents (ARLA) in June 2014.

It's interesting to read that the landlord intends to use their 'cash' to set up a dog sanctuary in the country.  Do you intend to sell up and what do you intend to do with your cash, once you finally cash in your property chips?

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