The number of former rental properties currently for sale has risen dramatically as more landlords exit the market or downsize.
As Peers prepare to debate the Government’s Renters (Reform) Bill today, the NRLA has warned that landlords exiting the sector are the ‘biggest threat’ to renters as supply narrows and rents continue to rise rapidly.
One in five landlords hit by rising costs are considering selling up, with a stark divide between those with properties in the north and south of the country.