‘It is imperative that rental housing supply keeps up with real-world demand’

“The rental market continues to operate with a very strong headwind, as many landlords battle increased overheads and uncertainty regarding future legislation,” commented Nathan Emerson CEO at Propertymark.

“Landlords have faced a complex combination of high inflation, interest rates, maintenance costs and a more demanding taxation structure over the last few years. In turn, this has had a profound impact on their ability to operate and in some circumstances has forced good landlords to make the difficult choice to sell up and leave the sector.

“To keep rental costs across the UK sustainable, Propertymark is keen to see a progressive approach to future housing strategy and a plan that encourages long-term investment.

“With an ever-growing population, it is imperative that supply keeps up with real-world demand and that future planning carefully considers key regions where demand is most prevalent."