Let to rent becoming more popular
While let to rent isn’t a new concept, it’s becoming a great deal less niche as an alternative owning and living option. David Brooke Smith of Stacks Property Search, claims one of the biggest factors ‘is the massive and rising cost of moving, and the difficulties that many owners are encountering in replacing their existing mortgage with a similar deal’. Being in the catchment area for a school, trying out a new area before committing and short term work contracts are also cited as reasons for this growing trend.
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