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.
The article reports that the Renters Rights Act’s new Ground 1A process for selling a rental property now carries a mandatory 12-month re-letting ban if the property is not sold. Hamptons’ analysis suggests this could leave a substantial number of unsold former rental homes out of the lettings market, with flats and properties in the South of England appearing most exposed.
Hamptons data suggests landlord exits from the private rented sector remain most concentrated in London and the South of England, where higher prices, lower yields and mortgage costs are putting the greatest pressure on returns. The article also notes that the Renters Rights Act and a 12-month re-letting ban may be influencing disposal decisions, although tax changes and borrowing costs are presented as the longer-term drivers.
