Almost half of landlords have sold a property in the last year or plan to do so, according to the latest sobering industry survey.
NRLA chief executive Ben Beadle believes the impending ban on bidding wars could mean landlords will simply charge higher asking rents.
Labour party figures’ desire to end tenant bidding wars is unworkable in practice, while unenforced legislation would not lead to any real improvement, according to a top property lawyer.