Letting Agent Today

A leading light in the Generation Rent group is disputing the findings of a Propertymark survey of letting agents. Agents from businesses with a total of over 4,000 branches were questioned with results that should have been regarded as worrying for renters. The number of properties available to rent has been diminishing with a large portion of landlords choosing to sell their properties, citing the increased risks of buy to let investment, as well as much greater red tape and higher taxation. The data shows the number of properties available to rent through letting agents halved between March 2019 and March 2022 - over 90 per cent said their reason for withdrawing from the rental market was to sell. However the deputy director of Generation Rent - Dan Wilson Craw - disputed the findings produced from 4,000 agency branches. He says it’s not a shortage of rental properties prompted by sell offs that has triggered rent rises and a difficulty in tenants finding accommodation. “Rents a

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