Landlords 'could benefit from in-betweeners'

With house prices continuing to rise and affordability becoming more difficult, landlords could benefit from people who have chosen to sell their houses and rent, it has been suggested.

Financial advice website The Thrifty Scot says that a new group of homeowners has emerged in the present climate of high house prices.

Dubbed in-betweeners, their strategy is to sell their current properties to cash in on the current boom, rent for a while, then buy into the market again after prices have calmed down.

"This is an interesting movement and 'selling to rent' seems to be gaining strength in London and surrounding areas," the website states.

People are trying to follow the philosophy long adhered to in the stock market, in which it is advantageous to sell high and buy low, it adds.

The Thrifty Scot cautions that house prices would need to fall by approximately four per cent for a homeowner to benefit from this strategy.

In the meantime, buy-to-let landlords in property hotspots could take advantage of the increased tenancy produced by those who want to take a gamble.

Particularly if the economic situation remains robust, these risk-takers could find themselves renting for longer than they had hoped.

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