The newly regulated sell and rent back industry may well see even more popularity based on the findings of research by FindaProperty. Their hard work uncovered the fact that February saw the number properties available to rent fall to the lowest point in over a year, the knock-on effect of which is a 1.2% rise in rent prices, bumping the national average up to £814 per month.
The problem is, rising house prices, limited credit and less rental properties means there are a glut of people stuck with very few options for accomodation and shelter. The only winners are Landlords who will see an increase in rents and tenants staying longer because of few alternative options.
