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Buy-to-let landlords’ buying spree will keep more families in rental trap

Posted on 04 February 2013

Rightmove predicts three-quarters of professional landlords will buy more homes in 2013, as MPs begin to look at the issue. Buy-to-let landlords will embark on a home buying spree in 2013 while young adults and families remain trapped in rental properties, according to a forecast by Britain’s biggest property website.
Three out of four professional landlords will buy more homes in 2013, while the number of “virgin landlords” looking to buy for the first time is running at the highest level for a year, the research from Rightmove found. Meanwhile, 53% of tenants say they are trapped in renting, wanting to buy a home but unable to afford to do so……………………………………..Full Article: Source


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