The Accidental Landlords ; Forced to Let Their Homes, Growing Numbers of Property Owners Are Finding a Welcome Investment Windfall From the Rental Income

Summary

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Donna Cross is one of a growing breed of accidental landlords homebuyers who end up letting their properties by chance when they move on.

In less than a year, Donna, 29, was transformed from being a struggling first-time buyer to a landlady earning sufficient rent to convert her mortgage to a buytolet deal.

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Extract

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The Accidental Landlords ; Forced to Let Their Homes, Growing Numbers of Property Owners Are Finding a Welcome Investment Windfall From the Rental Income

Donna, a personal assistant, bought her one-bedroom flat in Wood Green, north London, last June. She was soon spending little time there because romance had blossomed with Howard Levy, a mortgage broker from Savills Private Finance, who...

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