Previous estimates that half a million landlords are set to sell up may actually be a massive under-estimate, a property industry figure suggests.
Jonathan Rolande says the real figure is likely to be far higher – and warned the situation is going to massively drive rents up further.
Rolande – a representative of the National Association of Property Buyers – says: “There are currently around six million privately rented homes in the UK. It is being forecast that around 100,000 will quit the market every year between now and 2028. But I fear this may well be an underestimate. A larger number will be long gone by then.”