“A dwindling availability of properties means TTL continues to remain low and rents are rising as a result. Tenants residing in properties longer is a contributing factor in lower levels, coupled with long term landlords leaving the sector. Government announcements of eviction bans and a freeze on rent increases, along with the rising cost of living and interest rates, appears to be bringing uncertainty and concern amongst landlords. These are likely to deter potential new landlords into the sector in the short term, leaving a shortage of new instructions being available along with some existing landlords considering their options.”
I am a Tenant Landlord