Homeowners 'not forced into quick sales'

After the Bank of England cut interest rates to an all-time low earlier in the year, increasing numbers of homeowners have been able to retain their homes, rather than rent them out, one sector commentator has claimed.

Lisa Walker, marketing director at fish4homes, said that this may be a factor in the news that there are currently less properties available to let in the UK.

Indeed, the number of available properties on the rental market increased by 2.7 per cent in May 2009, lower than the 14.5 per cent monthly increase recorded in May last year, the latest FindaProperty.com Rental Index found.

Ms Walker stated: "I firmly believe that because interest rates are so low, many people are not being pushed into a forced sale position and therefore do not need to consider the rental option."

The Energy Saving Trust advises those who are letting out property that they should make an investment in energy saving fittings and technology - which may include double glazing.

Double glazing could be attractive to tenants who wish to keep the warm air in their home and the noise out.

Force 8 supply and install a full range of PVCu windows.

Written by Ted Powell