Rat and Mouse
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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 Findaproperty (apologies, see comments below) 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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