Landlords Sell Up

Mortgage Strategy reports “The number of landlords selling their buy-to-let properties in April reached its highest level since May 2018, according to Arla Propertymark.

The figure rose from an average of four landlords leaving the market per lettings agency branch in March to five last month.”  The Tenant Fees Act “coupled with the proposed scrapping of Section 21, is forcing landlords to either increase rents or leave the market altogether.”  Read more