Buy-to-let landlords quit the housing market

Landlords are abandoning the property market at the fastest rate for almost three years, according to new research which underlines the troubles facing the buy-to-let sector.

Edmund Conway, Economics Editor, The Telegraph - 18 December 2007
The proportion of landlords opting to sell properties when tenants move out has risen from 6.1pc to 6.5pc in the past quarter, according to the Royal Institution of Chartered Surveyors (RICS).

With the level now at the highest since January 2005, experts said it was a sign that higher house prices and falling rental yields were making it difficult for landlords to turn in a profit - full article