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68% of letting agents report rise in number of landlords selling up

New research from Propertymark highlighting the impacts being felt by letting agents and their landlords in the private rented sector in Scotland, suggests that measures introduced under the cost of living legislation n Scotland are driving landlords out of the sector.

Feedback from letting agents in Scotland found 85% of agents had landlords who had expressed a wish to withdraw from the private rented sector and sell their properties and perhaps more worryingly, 68% of agents have already seen an increase in notices to sell due to the temporary measures.

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