What does 'Mouse Holder' mean?
Mouse Holder
A person who lives in a town or city and buys a property to rent out in another town or city is known as a Mouse Holder.
This is a route sometimes followed by people who cannot afford to buy a property for themselves in the location that they live so they buy something somewhere else more affordable, rent it out and wait for the value to rise. They then use this equity (either by selling or re-mortgaging the property) to raise the funds needed for a deposit on a home they actually want for themselves.
Full details of this are in the chapter Getting on the Property Ladder
Search Results for 'mouse holder' in How to Really Buy a Property
Chapter 9:
Getting on the Property Ladder
"...This idea is slowly beginning to catch on with people not only starting to buy rental investments elsewhere in the city they live in but also in other cities where prices are expected to increase more rapidly such as Manchester and Birmingham. Those who pursue the 'out of their own city' option have become known as mouse holders. This is something to do with the way City Mice become Country Mice, apparently!
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Search Results for 'mouse holder' in Property FAQ
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Search Results for 'mouse holder' in Property Terminology