The number of landlords planning to sell rented properties has reached its highest rate on record, results of a survey by research consultancy BVA-BDRC have shown.
The poll found that in the first quarter of this year, 33%, of private landlords in England and Wales said they planned to cut the number of properties they rent out. This figure is an all-time high recorded by BVA-BDRC and is up from the 20% who said they planned to cut the number of properties they let in the same period last year.
By contrast, just 10% of landlords now say they plan to increase the number of properties they rent out.