According to ASAP Supplier Member Savills‘ study looking at the current state of the PRS, buy-to-let properties are being sold five times faster than investor purchases, leading to a major exodus of rental homes at a time when demand is very high and rents are still rising.
It confirms warnings that government policy is deterring landlords from making new investments with the Renters’ Rights Bill, currently passing through Parliament, a major blow.
The latest amendment which removes a requirement for tenants to have pet insurance doesn’t help.
Read the full Savills report here
