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Housing crisis: Landlords in Wales selling up, says report

The number of landlords selling up in Wales is more than double the UK average, according to a letting agent regulator.

In a report published by Propertymark, data suggested that about five landlords per letting agency had put their properties up for sale, compared to the UK average of two.

Wales also had the highest number of prospective tenants applying at letting agencies, with an average of 318 new applicants per branch in January. This figure was also more than double the UK average, which saw 118 tenants apply per branch.

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