Market specialists predict that the coming year will see a larger number of landlords putting their property up for sale on the market in the United Kingdom. Only 7% of these landlords say that they intend to offload their property onto other landlords, meaning that these listings will likely go to home-owners. This may make it easier for first-time home-buyers to find homes to purchase, but may make it considerably more difficult to find rental listings.

Key Takeaways:

• Next year a huge number of homes could be on the market for first time buyers.
• About 380,000 landlords are looking to let go of their property.
• About 45 per cent of landlords intend to sell individual flats and apartments in the coming year

“The National Landlords Association (NLA) says it has been looking into the issue recently and has produced a video and discussion paper – the hustle for homes – about the relationship between landlords and first time buyers in the market.”

Read more: https://everyinvestor.co.uk/2018/05/16/good-news-for-first-time-buyers-bad-news-for-renters/