According to Countrywide, more investors are buying properties with sitting tenants and these results were concluded after the analysis of 65,000 rental properties. This is the highest level since 2005 and according to Countrywide, 11% of all rental properties bought in 2014 had a sitting tenants. This is a four-fold increase on the figures gathered in 2008.
Countrywide state that their stats confirm that the properties which sold with sitting tenants had lived there significantly longer than the average tenant span. 45% of these tenants had signed contracts of 24 months or longer compared. This shows that there is a growing […] Read more