Lets in the city
Language: English Series: Agreement ; 15(4) August 2008, 34-35(2)Publication details: 2008Subject(s): Summary: Looks at city centre lettings in light of the current economic downturn. States that the lettings market is growing as the residential sales market falls - a result of buyers waiting to see how low the market will fall and changing demographics. Letting agents are reporting increased activity as a new generation of 'accidental' landlords chose to let out their properties in the hope of future price rises. The article also explores the rise in short term lets of quality property and looks at the new trend of receivers appointing management agencies to let out properties reclaimed as a result of breaches of mortgage agreements.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L144850 (Browse shelf(Opens below)) | 1 | Available | 144850-1001 |
Looks at city centre lettings in light of the current economic downturn. States that the lettings market is growing as the residential sales market falls - a result of buyers waiting to see how low the market will fall and changing demographics. Letting agents are reporting increased activity as a new generation of 'accidental' landlords chose to let out their properties in the hope of future price rises. The article also explores the rise in short term lets of quality property and looks at the new trend of receivers appointing management agencies to let out properties reclaimed as a result of breaches of mortgage agreements.