I very much agree Phil, however I don't think it's as low as 10% of potential buyers. Yes everyone needing a resi mortgage will be out of the picture but as long as someone can finance it, I'm sure they'd buy it and then evict the tenants. Also, let's be honest, we can't get them fricking out most of the time! Also there are risks if the tenant hasn't been given all the 'proper' 5h!te that the government claims is apparently necessary.
sitting tetant is a huge risk and normally a nightmare.
I very much agree Phil, however I don't think it's as low as 10% of potential buyers. Yes everyone needing a resi mortgage will be out of the picture but as long as someone can finance it, I'm sure they'd buy it and then evict the tenants.
Also, let's be honest, we can't get them fricking out most of the time! Also there are risks if the tenant hasn't been given all the 'proper' 5h!te that the government claims is apparently necessary.
tough to evict a tetant if the whole tenancy was not set up.