Nearly half of landlords won’t sell properties – survey

What of those who are mortgage free they would be left of this survey.
Also what of the landlords with less than 4 properties again left out of the survey.
Those with 4+ properties may choose to keep because a loss in one property can be spread across the remaining.
Those with less than 4 may have already started selling up- i have.
Those who are mortgage free would be better off with the capital invested in banks than the risks now associated with property

I didn’t see what the “good proportion” intending to buy figure is? I think more than 1/3 of landlords considering selling assets is the biggest takeaway.

Reply to the comment left by Andy at 01/04/2025 – 10:22
Less than half aren’t considering selling, and that’s just those with 4-10 properties. I hate to think what the number would be if those with less than 4 properties was included. These numbers should be frightening to the government, but for some reason, they aren’t listening.

Talk about spin! The headline here should surely be that 35% of landlords ARE planning to sell up, which if reflected nationally, equates to at least a million properties, which would cause mass homelessness.

Reply to the comment left by Chris Bradley at 01/04/2025 – 10:12
Dead right Chris. The risk is high if you have just one or two properties. You could be wiped out by just one non-paying tenant especially if they are getting legal aid . With a larger portfolio you can tolerate the loss of income from one property until you can get it back.
Many smaller landlords are older and don’t have mortgages. Most of these anticipated selling up at some point to enjoy retirement. The RRB just brought their plans forward. At the moment it is passive with landlords selling up as a tenant leaves as they don’t want to make people homeless, but push is going to become shove at some point. All the smaller vacant properties will be snapped up by first time buyers aided by the bank of mum and dad, but this will leave people on lower incomes who look to rent these properties unable to find anywhere to rent.

Reply to the comment left by northern landlord at 01/04/2025 – 12:00
I had got down to 2 rentals in 2020, and one non-paying, feckless tenant cost me £20k+ by the time I evicted him 15 months later. Fortunately, I had the cash, but it meant I lost 10 years of profit from that rental, and ended my 20 years commitment to and enjoyment of BTL. I will sell my last BTL by the end of this year.

Almost half of landlords have no plans to offload their rental assets within the next year..;

but the bigger issue is that they WILL be more stringent who they let to (as a direct result of the RRB) which means the very tenants who the RRB is supposed to help, are the ones that will be disproportionately shafted by it!

The rest of the tenant cohort will face reduced supply (some LL’s will switch the way they rent and go into Air BNB, commercial lets etc) and so the result will be higher rents.

Which means 53% have already sold, are selling or will be selling.