Granlords To Enter The Property Market In April

There will be a new breed of buy entering the property market in April. So called granlords (retirees now able to spend their pension pots on whatever they want) are already registering with estate agents and will be competing directly with first time buyers and other buy to let landlords.

The difference though is that granlords will have cash to buy these properties and will not require funding to complete these property transactions. This will be a cause for concern for many first time buyers who are already having to endure record house prices over the last 12 months. This looks unlikely to ease as the scramble for homes increases.

A number of older