An increasing number of buy-to-let properties in London are coming up for sale, limiting the availability of rental homes for tenants, research has found.
The share of properties in inner London that were rented at some time within the past 10 years reached 22 per cent of all homes newly listed for sale in the capital in data in July 2024, according to consultancy TwentyCi. A 10-year high, this compares with a share of just under 9 per cent across the UK.
The upward trajectory in the proportion of landlord sales has been substantial over the past five years, going from 15.6 per cent in July 2023 and 12.9 per cent in July 2019 — the last year of “normal” market conditions prior to the pandemic.
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