The great rental giveaway begins....

Falling house prices, now falling rents; how will buy-to-let survive. Ah, yes, it won't. From the Times.....

"Rents fell for the first time in five years between July and October as home-movers flooded the rental market with properties that they could not sell.

According to a new survey, 12 per cent more lettings agents said that rents had fallen rather than risen between August and October. That was a reversal from the previous three months, when nearly a third more agents said that rents were rising, figures from the Royal Institution of Chartered Surveyors (RICS) show.

It is the first time since 2003 that the gauge of rental yields has turned negative."