Wolverhampton 01902 577775Bilston 01902 577767Lettings 01902 577799

Wolverhampton
01902 577775

Bilston
01902 577767

Lettings
01902 577799

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Credit Crunch benefits Rental Sector

Posted by: katalysis

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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.
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