Rental properties flood the market
Sunday, June 29th, 2008Home owners that are unable to sell their properties and are looking to rent them out instead as a means to cover the mortage are being turned away by estate agents. There has been a flood of properties coming to the market, many with unrealistic rental expectations, and supply is now outstripping demand, particularly in London. This despite the fact that increasing numbers have sold up and opted to rent until the market shows signs of levelling out.

