Reluctant Landlord case study

Citylets

Reluctant Landlord case study

Citylets

The October 2008 quarterly report by Citylets, Trends in Scottish Residential Lettings, suggests falling property sales and values have led to an increase in the number of ‘reluctant landlords’ forced to rent because they can’t sell. Alex Grosvenor and his wife Jo were unable to sell their three-bedroom flat in Edinburgh’s Torphichen Street when they relocated to Oxfordshire. Alex, 32, a pharmaceutical consultant, posted his flat for let through Citylets.