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More landlords selling up according to latest Zoopla research

More landlords are quitting the sector and bringing properties to the sales market, according to research from Zoopla. 

In its latest snapshot of the sales marker, the portal says that the proportion of homes listed for sale that were previously available for rent has risen to eight per cent across the UK.

This is up from a UK-wide figure of three per cent two years ago. 


The current proportion reaches 13 per cent in London. 

“Some landlords may be crystallising gains to re-invest, and there is further evidence to suggest that investor activity has been on the rise since the start of the pandemic” explains the portal. 

Zoopla says average UK house prices up £17,508 since the start of the pandemic, and now has hit a typical £235,000.

This is the highest average UK house price on record, and follows a consistent six month average increase of £44 per day; this acceleration in growth is up from £30 per day in the six months prior.

Since February of this year, value increases have ranged from £64 per day in the South East and £63 per day in the South West, to £24 per day in the North East. This equates to almost £12,000 growth for the two southern regions - almost triple that achieved by the North East.

Meanwhile, average house prices are up £23,357 in Cambridge since March 2020, whereas they have fallen by £2,600 in Aberdeen over the same period.

While the stamp duty holiday for England and Northern Ireland will conclude at the end of this week following the tapered period at the end of September, Zoopla insists there’s no sign that demand or activity is abating.


The sales market is continuing to move at its quickest pace for the past five years with the time between listing a property and agreeing a sale consistently averaging under 30 days each month since May. Typically, time to sell would be over 40 days at this time of year. 

Additionally, buyer demand is still 35 per cent higher than average levels recorded over the last five years. 

In London, buyer demand is up 14 per cent over the past month, albeit with demand for houses up 25 per cent and demand for flats rising a mere six per cent.

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  • George Dawes

    Can you blame them ?

    We're running businesses not charities

  • icon

    100% George Dawes. I'm one of those landlords selling up... There's got to be a better way of making a living.


    I can't think of a safer home for my life savings that provides any return above inflation but I now only have higher end properties and always have solvent home owner relatives as guarantors.

    In around 30 years of letting and over 300 tenants, I've only had one bailiff eviction and a few that I didn't allow to stay on after the initial lease term expired.

    My properties are all in Scotland where the SNP dictatorship has outlawed tenants and landlords from agreeing a mutually acceptable fixed term contract but this was compensated by a 30% rent increase when the new legislation came into force in December 2017.

    I accept things are different at the bottom end of the market and landlords operating there have a tough time but in my experience there are plenty of decent tenants looking for higher end properties who don't cause too much hassle.

    I'm certainly not volunteering to pay a huge CGT bill by bailing out and whilst I am trying to minimise IHT implications I won't be around to worry about that .


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