Homeowners mortgage attitude changing

These are the findings of a survey which showed that 1.7 million Brits are trying to sell their homes and rent property instead.

Overall, 30 per cent of respondents stated they had not considered doing this in the past, but feel that their views have changed since the property market crash and the recession.

A further 34 per cent said they would consider selling their home, but said that selling prices are too low for this to be a reality at present.

For many who own their own home, the worry and stress [due to] property market volatility has caused them to rethink about whether long-term renting is a viable option for them.