A flood of landlords deserting the buy-to-let market, caused by a mix of higher taxes and tougher regulations, is enabling many first-time buyers to get a foot on the housing ladder after years of being priced out of the market.
Falling prices for flats, triggered by a surge of former rental properties up for sale, is proving a game-changer. One-bedroom flats that were unaffordable two years ago are now within their reach.
Landlords have been disposing of properties to avoid grappling with the Renters’ Rights Act that was brought in by Labour. The legislation provides safeguards for tenants with stricter rules around
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