"In recent years, it has become more attractive for some landlords to leave the rental sector rather than to continue investing in it, due to rising costs, taxes, and increasing legislation. We've seen how the supply and demand imbalance can drive up rents, so there is concern that without incentives for landlords to remain in the rental sector, tenants could ultimately bear the brunt."
"Currently, 18% of properties for sale were previously rented out, compared to just 8% in 2010. London has emerged as a key hotspot, with 29% of homes on the market previously listed as rental properties."
"The overall number of new properties entering the sales market has increased by 14% compared to a year ago, when the market was subdued due to high inflation and peak mortgage rates."
"Prime Minister Sir Keir Starmer has warned that the upcoming budget, scheduled for October 30, will be painful, indicating that those with the broadest shoulders should bear the heaviest burden."
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