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Credit Crunch benefits Rental Sector

Posted by: andrewlund

With the turmoil in credit markets showing no signs of easing Landlords are looking to benefit from the consequential drying up of mortgage finance for would be buyers. As lenders demand bigger deposits and look to rebuild profit margins by failing to pass on interest rate cuts to borrowers many would be first time buyers, in particular, are having to throw in the towel and resign themselves to staying in rented accommodation. Good news for Landlords.
Andrew Lund
Andrew Lund

Compliance Officer for Legal Practice

Andrew oversees the Firm’s Quality Systems and is committed to making sure that our client’s receive the very best customer care and attention along with the best marketing and legal advice in the area.

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