More Homeowners Renting. Doesn’t it make sense?

Let’s be clear, we at UK Property Ladder promote lease options also known as “rent to buy” “rent to own” or “try before you buy” schemes. We believe this is the best way to bring some stability within the UK housing market. Lease options offers a smooth transition between renting and owning. It is tailored to first-time-buyers, landlords who are looking for a happy exit strategy (a smart way to avoid repossessions, or selling to pocket equity) and even desperate sellers we could avoid becoming accidental landlords.

So let’s analyse this video from ITN, “More homeowners renting” does it really really make sense?

• Property sales are down all accross the United Kingdom - ok that’s a fact.
• Rental market is on the increase, letting and management agents are reporting healthy increase. That’s also a fact.
• But as rental demand grows, supply also grow. The report mentioned that accidental landlords or landlord who can’t sell their property are letting instead.

What the report deos not say is that the seller had a particular reason to sell. The reasom has not disappear it’s just that the market conditions do not allow him to sell. That’s why we advocate lease options (call it how you like: rent before you buy, try before you buy) as a way to help all those who want to sell but can’t sell because of the market conditions.

People still need to leave somewhere and that’s not going to change whether a PROPERTY CRAAASH happen or not. So will a property crash turn tenants who are flushing money they will never recover into an renting into owners? No, never. And if they can buy now when the period is favourable they won’t buy when prices go back up. So those who can’t sell needs those who don’t want to waste their rents. We know reputable bespoke property transaction company that can help. Just get in touch to find out how lease options can work for you whether your a tenant/buyer or a landlord/seller.