Over two-thirds of landlords plan to sell or exit sector, survey finds
UKPulse Property Desk
A recent survey indicates that more than two-thirds of landlords anticipate selling some properties or leaving the private rental sector entirely, with 27.1% planning to exit completely.
- 67.7% of landlords expect to sell properties or exit the sector, according to the Property118 Landlord Sentiment Survey.
- 27.1% of landlords now intend to leave the sector entirely.
- For every landlord planning to buy, more than seven are planning to reduce their portfolio or exit.
More than two-thirds of landlords expect to sell some properties or leave the private rental sector altogether, according to the Property118 Landlord Sentiment Survey. The survey, which asked landlords about their intentions, found that 67.7% anticipate either selling properties or exiting the sector.
The proportion of landlords intending to leave the sector completely has risen to 27.1%. The survey also highlighted a significant imbalance, with more than seven landlords planning to contract their portfolios or exit for every one planning to buy.
Property118 noted that while the Q2 survey extended the outlook window to three years compared to Q1's twelve months, the trend of landlords planning to exit or sell remains clear. The organisation suggests that this trend could lead to a shrinking pool of privately rented homes.
Why this matters: A shrinking private rented sector could lead to fewer available homes, increased competition, and higher costs for tenants, particularly when social housing waiting lists are high and new supply is insufficient.
What this means for you: If you are a tenant, a shrinking private rented sector could mean fewer available homes and potentially higher rents due to increased competition.