Story perspectives

21% of Landlords Plan Downsizing Amid Renters' Rights Changes

2/4/2025

42 9

Summary

Landlords Adjust Strategies

A survey shows 21% of landlords plan to downsize portfolios due to the Renters’ Rights Bill.
The abolition of Section 21 evictions poses significant challenges for landlords.
London's high-end rental market is booming, with tenancies over £1,000 per week increasing by 8% in Q4 2024.
Non-Dom tax changes are encouraging wealthy investors to rent rather than buy, affecting the sales market.
Average rents in prime London saw a modest rise of 0.6% in central areas.

Summary

Landlords Target Top Postcodes

Paragon Bank ranks CF24 in Cardiff as the top buy-to-let postcode for 2024, offering 8.7% rental yields.
B29 in Birmingham and PL4 in Plymouth follow with yields of 7.5% and 9.6%, respectively.
Key areas also include LS6 in Leeds, NG7 and NG3 in Nottingham, and M14 in Manchester.
Landlords favor terraced houses, while converted flats dominate in NG3.
Thorough research on locations is essential for maximizing investment returns.

1 of 2

Landlords Adjust Strategies

A survey shows 21% of landlords plan to downsize portfolios due to the Renters’ Rights Bill.
The abolition of Section 21 evictions poses significant challenges for landlords.
London's high-end rental market is booming, with tenancies over £1,000 per week increasing by 8% in Q4 2024.
Non-Dom tax changes are encouraging wealthy investors to rent rather than buy, affecting the sales market.
Average rents in prime London saw a modest rise of 0.6% in central areas.

1 / 2