Rising rates pushing landlords to sell

9th June 2023 Consumer Lending | #house sales

Rising interest rates are pushing some landlords to consider selling up, which in turn could squeeze availability and raise costs for tenants, the Royal Institution for Chartered Surveyors (RICS) has said. Nearly two-thirds of estate agents reported an increase in landlords looking to sell in April, according to the RICS’ survey  A similar proportion reported…

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High cost of living forces one in six over-50s to sell their homes

24th January 2023 Arrears and Recoveries | #house sales

One in six of the UK’s over-50s are so impacted by the cost-of-living crisis they will need to either sell or release equity from their homes to give them more cash to live on. The findings come from the LiveMore Barometer, a detailed indicator of the financial priorities of the UK’s 50-90+ year-olds. The survey…

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