Want to Move ..But Can't Sell? Try What All the Canny Home Owners Say: Let's Rent

Summary


A GROWING number of families who can't sell their homes but are desperate to move are letting them out to tenants instead.

New research by removal specialists Moveme.com shows the number of people moving out of a rented property into a newly purchased home fell by HALF in the first three months of the year. Yet moves between rented accommodation rose by a third.

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Extract


Want to Move ..But Can't Sell? Try What All the Canny Home Owners Say: Let's Rent

Estate agency Your Move also reports a 19 per cent rise in rental leases across the UK, while in London estate agents Hamptons International say there was a 40 per cent rise in homes for rent across some areas of the capital in June compared to the same month last year.

But what do you need to know if you are thinking of letting?

TENANCY AGREEMENTS

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