254,000 former rental properties listed for sale in one year. That is a significant volume of stock moving through the market. And a lot of it is exactly the kind of property we look at. Smaller residential stock. Often mortgaged. Often tired. Kitchens that have not been touched in fifteen years, bathrooms that do not meet modern standards, layouts that need rethinking. A landlord selling up is not the same thing as a property leaving the housing system. It depends entirely on what happens next. When we acquire a property, we are not looking at what it is today. We are assessing whether it can be taken back to brick, rebuilt properly, and operated as compliant supported housing for the next 15 to 25 years. That is a completely different question from whether it works as a standard rental. And most of these properties, with the right approach, do have that potential. The landlord exodus is creating opportunity. Whether that opportunity is used well depends on who picks up those properties and what they do with them.

Posted by Richard Haines at 2026-06-02 15:18:52 UTC