Rat and Mouse
Mon
18
Feb
Sell-to-rent... making the headlines

Reports of the return of sell-to-rent began to appear toward the end of 2007, and over the weekend they made front page property news in the Observer. According to Rightmove research, the practice - selling, hopefully, at the top, renting for a while while prices drop, and then either buying back in further up the ladder or taking a profit - is picking up pace. The Rat and Mouse can only applaud bubble-sitters' courage. Few financial decisions are as risky, or real-world calculations as tricky... taking in the cost of storage, rents (which can go up and down), the costs of selling and buying, the value of time, inconvenience and risk, all multiplied by however long it might take for prices to start to drop and then assuming it's possible to buy in just before everybody else does. The chances of getting all this right are low, and the Rat and Mouse has seen shrewd people brought down by this tactic. Exciting, though. Best of luck.

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Comments

Hi there

just a quick note to point out that on the sell to rent thing it was Findaproperty, not rightmove who did the rersearch. I'd really appreciate it if you could amend.


Michael O'Flynn

Posted by Michael O'Flynn at February 19, 2008 9:21 AM


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