1 September 2014

The 'reluctant landlord' - a phenomenon that emerged during the recession as home owners were forced to let their property rather than sell it - has returned to the rental market, according to ARLA.

ARLA's research revealed that 34% of member o

There was variation across the UK in the number of agents reporting this trend, with 58% of agents in the North-East reporting an increase in reluctant landlords, compared with 15% in central London.

The number of reluctant landlords peaked during the recession at the beginning of 2009, when 94% of agents surveyed reported an increase of property coming on to the rental market because it could not be sold.

Ian Potter, operations manager at ARLA, said: "The rise of the reluctant landlord seems to reflect wider market uncertainty and instability."

To view the Q3 2010 ARLA Review and Index, visit: www.arla.co.uk/q3ri

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