Homeowners ‘tearing their hair out’ over rising rates and rents
During the financial crisis in 2008, Philip Wilson says he became a somewhat reluctant landlord.
The property market had slowed considerably so he decided to rent out, rather than sell, two properties – a flat and a house in North and West Yorkshire.
Now, the upheaval in the mortgage market means he is being forced to push up the rent for his tenants, and is considering whether he will eventually have to sell up.
“I really feel for my tenants,” the 64-year-old says. “One of them is really struggling, she pays her rent in parts when she
