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Expat and foreign landlords are leaving the UK buy to let market in huge numbers, according to new data.

In 2010, landlords based overseas owned 15.5% of the UK’s private rented homes.

But this number has plunged by more than half to a record low of just 5.8% in 2018, says data from top-end estate agency Hamptons International.

The rush to quit is nationwide, with every region reporting a downturn in foreign buy to let ownership.

The impact is biggest in London.