Released on: September 19, 2007, 3:26 am

Press Release Author: Charlotte Burrows

Industry: Real Estate

Press Release Summary: Landlords across the country are said to be selling up and
heading abroad amid fears of a crash in the housing market, one property expert has
claimed.

Press Release Body: \'Bleak market conditions\' in the UK are forcing many to cash in
on their current investments and move to foreign shores, according to Tim Warrington
of property portal landlord.co.uk.

He claims that many investors are selling their property off at the same time -
which could see dozens more homes descend on the property market over the net few
months.

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The move could be \"very damaging for the UK housing market\" according to Mr
Warrington - who is urging landlords to stay put and avoid creating a \"domino
effect\".

\"Too many landlords selling in the UK could send the property market into freefall,
as many properties in the buy-to-let industry are going up for sale.

\"We believe landlords should hold their nerve through these tricky times and look at
the UK as a long-term investment.\"

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