The UK is facing a private rented housing crisis unless the government takes rapid action to stop landlords selling up, according to the Residential Landlords Association (RLA).

A quarter of private landlords are looking to sell at least one property over the next 12 months, according to fresh research published yesterday.

Of almost 2,500 landlords who responded to a survey by the RLA, just over 25% said that they were planning to sell at least one property over the next year, the highest proportion since the RLA started asking this question regularly in 2016.

The survey also reveals that 23% of landlords report an increase in the demand for rental property over the previous three months, with 57% reporting it to be stable.

More than a third of landlords reported low levels of confidence in the PRS over the next 12 months.

 

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