Released on: September 25, 2007, 7:37 am

Press Release Author: Charlotte Burrows

Industry: Real Estate

Press Release Summary: The oversupply of housing in some parts of Leeds is causing
house prices to fall and buy-to-let investors are also witnessing a downturn in the
rents they can charge.

Press Release Body: It is bad news for homeowners in the city, particularly
landlords, many of whom may run into financial difficulty if they cannot charge
higher rents.

With interest rates seemingly on the rise, the problems are set to be exacerbated
and many people will be looking for a quick property sale in order to get the
maximum price for their property.

Buy-to-let landlord with financial concerns. We will help your situation

\"It\'s clear that apartments that are not in the core of the centre are proving less
popular,\" said Dr Rachael Unsworth, author of a report on city living in Leeds.

\"It is already a struggle for some owners in less sought-after properties to
maintain rental and capital values - which in turn is a sure sign of more than
adequate supply,\" she continued.

Many buy-to-let investors in the region may rely on the income from their investment
properties to pay for treatment due to their ill-health or to help finance plans of
moving abroad or relocating elsewhere in the UK.

This report will come as a blow to these people and may signal a growing trend in
other British cities.



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