House price crash feared as buy-to-let landlords sell

by liamssoft | September 24, 2007 at 03:02 pm
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Buy-to-let landlords could trigger a house price crash as increasing numbers sell their properties because of higher interest rates and fears of price falls.

According to property website landlord.co.uk, many are panic-selling, fearing a bleak winter for the housing market. This supports findings in a survey by the Royal Institution of Chartered Surveyors (RICS), which recorded landlord sales at their highest for two years in the second quarter of this year - having risen 44 per cent since the beginning of the year.

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