High-cost areas see biggest exodus of landlords – data
Summary
Hamptons data suggests landlord exits from the private rented sector are most concentrated in London and the South of England, where higher prices, lower yields and mortgage costs are squeezing returns. The article also notes that the Renters Rights Act and a 12-month re-letting ban may be influencing sales decisions, although tax changes and borrowing costs are presented as the larger long-term drivers.
Why it matters
Surveyors involved in valuation, investment analysis and rental market advice should note the regional shift in landlord behaviour, as it may affect stock levels, investor demand and comparable evidence. The mention of new letting restrictions also has implications for asset management and saleability of former rental properties.
Key points
- Landlord sales are most concentrated in London and the South of England.
- Higher property prices, lower yields and mortgage costs are pressuring investor returns.
- Northern markets are seeing smaller landlord exits due to stronger yields.
- The Renters Rights Act and a 12-month re-letting ban may be affecting landlord decisions to sell.
- Rents and yields have improved recently, which may support landlord retention.
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