Landlords selling one in four flats on the market
UKPulse Property Desk
A quarter of flats currently listed for sale are being offloaded by landlords, reportedly due to falling profits and stricter regulations.
- One in four flats for sale are being sold by landlords.
- Landlords are reportedly offloading properties due to falling profits.
- Stricter regulations are also cited as a reason for landlords selling flats.
Landlords are reportedly offloading a significant portion of flats currently on the market, with one in four properties for sale originating from this group. The decision to sell is attributed to a combination of falling profits and stricter regulations.
The property market is seeing an influx of flats as landlords seek to divest their portfolios.