“All well-presented houses continue to attract good quality tenants. Larger family homes have become increasingly sought after but are in very low supply, leading to an inevitable increase in prices and often competition among prospective tenants. The improved sales market is tempting some landlords to sell, whilst those committed for the long term are beginning to see some increase in the value of their portfolio. Prospective landlords and portfolio landlords are constrained by complex underwriting requirements from lenders so it has become increasingly difficult to do a ‘quick’ deal putting cash buyers at a real advantage.”
I am a Tenant Landlord