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Agents concerned over ‘shrinking private rented sector’

Buy-to-let landlords are leaving the private rented sector at an alarmingly high rate, and the government is not taking the situation seriously, letting agents fear.

A snap survey of district councils shows that 76% of councils have seen an increase in landlords selling up properties, despite the growing housing shortage in the rented sector.

Shortages are particularly bad in areas popular with tourists, with landlords switching their properties to more profitable short-term holiday lets.

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