“The recent legislative changes to the lettings market have made no difference to the high level of rents being sought by landlords and we continue to report high demand whenever a property becomes available. The fears that there would be a mass exodus of landlords from the sector haven’t (as yet) taken place however many landlords are indicating that they will review their position at the end of the current tenancy. On that, the other unspoken change in the sector that is noticeable and having an impact upon rental values is that tenants are staying in properties for almost double the period of just five years ago. This reduced turnover of properties effectively reduces supply and is impacting rental availability.”
I am a Tenant Landlord