Rob discusses the impending landlord exodus expected to impact the UK housing market from 2025 onwards. Citing the latest English Private Landlord Survey, he highlights a significant increase in landlords considering selling their properties, rising from 22% in 2021 to 31% in 2024. The discussion delves into the various factors contributing to this trend, including recent legislative changes, rising mortgage costs, and the challenges posed by the Renters Reform Bill.

KEY TAKEAWAYS

• A significant increase in landlords considering selling their properties is anticipated, with the percentage rising from 22% in 2021 to 31% in 2024. This trend could lead to a decrease in rental housing supply.
• The potential exodus of landlords may result in higher rental prices due to decreased supply, despite the government's intentions to protect renters through new legislation.
• Recent legislation, including the Energy Performance Certificate (EPC) regulations and the Renters Reform Bill, has contributed to landlords' decisions to sell, as many feel the environment has become increasingly unfavourable.
• Rising mortgage costs and inflation are putting additional pressure on landlords, making it more challenging to maintain profitability in the rental market.

BEST MOMENTS

"There will be a devastating landlord exodus that will hit Britain from 2025 onwards, and it's a culmination of a lot of factors."

"If the supply of available housing for rent decreases... then what happens is an increase in prices."

"Just under two-thirds have blamed the recent legislation changes for the decision."

"Landlords have been operating in an increasingly unfriendly environment."

"If all these properties were sold... that leaves a smaller pool of rental properties that are available."

VALUABLE RESOURCES

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS 

Property FAQs = https://amzn.to/3MWfcL4  

Buy To Let: How To Get Started = https://amzn.to/3genjle  

101 Top Property Tips = https://amzn.to/2NxuAQL