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‘I’m out now, I’m selling’ – landlords exit PRS, warns portal chief

Landlords are being driven out of the rental market and nothing is being done to help them, a leading property figure told The Neg.

Adam Pigott, CEO of challenger portal OpenBrix, claims landlords are saying “I’m out now, I’m selling.”

He says there is a government policy to “target landlords”, and “nothing is working for them at the moment”.

“If you take off just 20% [of lettings], that’s a million properties,” he says. “No-one is going to win here.”

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