Abandonment – England only

The full effects of the cost of living crisis are probably still ahead of us. One of the impacts is that all householders are likely to experience higher housing related costs. For homeowners with a mortgage, many now coming off fixed rate deals, they will face higher interest rates. Renters are highly likely to face higher rents. There is an upward pressure on rents partly due to a shortage in available rental stock as there is a recognized trend for landlords to be leaving the sector and those that remain face higher costs themselves. On top of this the majority ...