Editor's note: This brief was summarised by The Property AI Team from a report by Property118. Read the original article for full details.
Property118 Survey: 35.8% of Small Landlords Consider Selling
A Property118 survey has found that 35.8% of respondents with one to three properties are considering selling. The report asks whether tenants will miss the small landlord.
Property118 reports that its latest landlord survey found that 35.8% of respondents with one to three properties are considering selling, and frames the figure within a broader discussion about the role of small landlords in the private rented sector.
The report notes that there is no ribbon-cutting ceremony when a landlord decides not to put up rent to help a tenant struggling with bills. It suggests that perhaps there should be, given how little attention those decisions receive until the landlord making them decides to sell.
For letting agents and inventory clerks, the survey result points to a potential shift in the composition of landlord clients. A significant proportion of smaller landlords considering exit could affect the volume and type of rental stock available to manage. The report does not specify a timeline for these potential sales or the reasons behind them.
The source material does not include additional statistics, named individuals, or direct quotes. It focuses on the survey finding and the question of whether tenants will miss the small landlord. The full article is available on Property118.
Source: Property118