The majority of landlords are staying in the PRS with no plans to sell up in the next 12 months, according to research from Landbay.
The lender’s research found that 58% of landlords felt this way, more than the 47% who responded in the same way in a similar survey after last year’s Autumn Budget.
Among those with no plans to sell, the strongest intentions came from non-portfolio landlords with less than four mortgaged properties who made up 32% of this cohort.
This was closely followed by landlords with between four and 10 rental properties, of whom 24% felt this way.
Elsewhere, Landbay found only 15% of landlords plan to sell up to 10% of their properties.
Just 4% plan to sell a quarter of their properties while less than one in 10 intend to sell up to half of theirs.
Regulation including the Renters Rights Bill was identified as the biggest driver for 35% of landlords planning to sell, closely followed by 31% who were more concerned about taxation.
The latter is down from the 51% who felt this way about taxation in last year’s survey.
Sentiment around buying has also rebounded with 52% of landlords surveyed intending to buy new BTL properties in the next 12 months.
This is up from the 27% who responded as such in last year’s survey.
“We know this isn’t the story for all landlords, and while selling is a natural part of developing a successful portfolio, there are still those just looking to scale back,” said Rob Stanton, sales and distribution director at Landbay (pictured above).
“As a sector, we absolutely need to get behind these landlords and give them the confidence to not just stay put, but to expand and succeed.”
Landbay conducted the research in May 2025, polling a database of 1,500 landlords with over 3,000 properties.
