The number of Buy to Let landlords selling up is on the
up. In its private rented sector report for March, ARLA Propertymark
(Association of Residential Letting Agents) records agents reporting a rise in
the number of landlords selling their Buy to Let (BTL) properties – with an
average of four selling up per branch, compared to three in February. The last
time the number of landlords selling their BTL rose above three per branch was
in November last year, when the letting agent fees ban was announced. And the
number of tenants negotiating rent reductions rose month on month in March too.
Read more on the ARLA website.
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