Landlords Looking To Sell Quadrupled In Last Six Months

The proportion of landlords in central London who intend to sell property has quadrupled since last year’s Budget, according to new research from the National Landlords Association (NLA). Just four per cent of landlords in central London had plans to sell property when surveyed before last year’s Budget. However, the figure has almost quadrupled, rising to 19 per cent, when surveyed in January this year. The 15 per cent increase in intention to sell property is the highest witnessed across the UK over the last six months. Landlords with property in the North East have seen the smallest increase compared to other regions of the UK, rising from 17 per cent in June to 24 per cent in January - (7 per cent rise). Read more on the NLA website.