Just over a quarter of buy-to-let landlords plan to sell at least one of their properties during the next year, according to the Residential Landlords Association (RLA). The news follows the release of government figures showing 10% of private landlords are looking to reduce their portfolio, with 5% planning to sell out altogether. A third of the landlords surveyed by the RLA said they had low confidence about the sector. This is the highest proportion since the RLA started asking this question regularly in 2016. “People have been priced out,” says David Jones, director general of the RAA.
Just over a quarter of buy-to-let landlords plan to sell at least one of their properties during the next year, according to the Residential Landlords Association (RLA). The news follows the release of government figures showing 10% of private landlords are looking to reduce their portfolio, with 5% planning to sell out altogether. A third of the landlords surveyed by the RLA said they had low confidence about the sector. “People have been priced out,” says David Jones, director general of the RAA.