More pain for renters as landlords look to sell up
Rising borrowing costs and plans for stricter rules are affecting the rental sector, surveyors say. …
“Interest rate rises are also impacting the rental sector and combined with looming reforms proposed in the government’s Renters (Reform) Bill, landlords are increasingly deciding to leave the sector and sell up property, causing further constraints to lettings supply,” said RICS senior economist, Tarrant Parsons.
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