A big landlord exodus will happen - here's why

Rob discusses the impending landlord exodus expected to impact the UK housing market from 2025 onwards. Citing the latest English Private Landlord Survey, he highlights a significant increase in landlords considering selling their properties, rising from 22% in 2021 to 31% in 2024. The discussion delves into the various factors contributing to this trend, including recent legislative changes, rising mortgage costs, and the challenges posed by the Renters Reform Bill. KEY TAKEAWAYS A significant increase in landlords considering selling their properties is anticipated, with the percentage rising from 22% in 2021 to 31% in 2024. This trend could lead to a decrease in rental housing supply. The potential exodus of landlords may result in higher rental prices due to decreased supply, despite the government's intentions to protect renters through new legislation. Recent legislation, including the Energy Performance Certificate (EPC) regulations and the Renters Reform Bill, has contributed to landlords' decisions to sell, as many feel the environment has become increasingly unfavourable. Rising mortgage costs and inflation are putting additional pressure on landlords, making it more challenging to maintain profitability in the rental market. BEST MOMENTS "There will be a devastating landlord exodus that will hit Britain from 2025 onwards, and it's a culmination of a lot of factors." "If the supply of available housing for rent decreases... then what happens is an increase in prices." "Just under two-thirds have blamed the recent legislation changes for the decision." "Landlords have been operating in an increasingly unfriendly environment." "If all these properties were sold... that leaves a smaller pool of rental properties that are available." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS  Property FAQs = https://amzn.to/3MWfcL4   Buy To Let: How To Get Started = https://amzn.to/3genjle   101 Top Property Tips = https://amzn.to/2NxuAQL   uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast