“The last quarter has seen significant increase in landlords issuing tenants notice to leave. For them, the prolonged eviction ban and rent freeze has forced their hand and they have had no option but to sell. Of all check-outs we conducted in Q1, over a third were initiated by landlords. We have taken on some new instructions but not yet enough to balance the loss. Rents have definitely peaked and available properties are not quite reaching the high figures achieved in 2023. The next quarter will be interesting as the COLA comes to an end and landlords are seeking to increase rents.”
I am a Tenant Landlord
