Belvoir is calling for the Chancellor to introduce incentives in November’s Budget to encourage landlords to remain in the sector. It said that in one of its branches, 17 rental households have been given notice because the landlords want to sell up.

The franchise network’s latest data on activity among its letting agents in the second quarter found that 48% of landlords have sold up to three properties, up from 46% in the first three months of this year.

There was also an increase from 7% to 17% in the number of Belvoir landlords selling between six and ten properties between the first and second quarter of this year.

 

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