Why Landlords Are Selling Up

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Why Landlords Are Selling Up

Landlords are selling up due to several reasons. Interest rate rises are impacting the rental sector. Looming reforms proposed in the government’s Renters (Reform) Bill are causing further constraints to lettings supply. The overhaul of the rental rules coming next year, with indefinite tenancies and the end of section 21 evictions. The eroding of capital gains tax, tax-free allowances .

The UK is currently experiencing a housing crisis, which has led to a drop in houses to rent. Official statistics show there were around 2.7 million landlords operating in the UK in the 2020/21 financial year. But there is no definitive, up-to-date statistic on how many landlords have sold up since then.

If you want to read more about this topic, here are some websites that discuss Why Landlords Are Selling Up:
– [BBC News](https://www.bbc.co.uk/news/business-65833840)
– [The Times](https://www.thetimes.co.uk/article/heres-why-landlords-are-selling-up-fj6qpw20p)
– [MSN Money](https://www.msn.com/en-gb/money/other/why-are-landlords-selling-up-in-the-uk-drop-in-houses-to-rent-explained-amid-housing-crisis/ar-AA1cACuN)
– [Landlord Zone](https://www.landlordzone.co.uk/news/why-are-buy-to-let-landlords-rushing-for-the-exit/)
– [RTÉ News](https://www.rte.ie/news/business/2023/0304/1360043-explainer-why-are-private-landlords-selling-up/)

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