En masse, UK landlords are cashing in on the booming markets for holiday homes. Basically, they are bailing out of the UK and hitting the foreign markets as quickly as they can.

In a report based on in-house research, Tim Warrington, of buy-to-let property portal Landlord.co.uk, warns that 14,000 landlords registered with the website are currently in the process of selling... some in order to finance properties abroad, others to take profits. A proportion - he claims - have failed to account for capital gains tax, an astonishing admission amateurishness in the sector.

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