Fast-buy property company Upstix claims landlords are reacting against Labour’s Renters Rights Bill.

In the week following announcement of the Bill the company claims to have seen a 33% increase in landlords enquiring about using its services.

Landlords have seen multiple pressure points since the Labour Government came into power, including rumoured changes to Capital Gains Tax and the Rental Reform Act. 

There are currently 22,000 tenanted properties for sale in England with the average time it takes to sell standing at 195 days.

Upstix saw the biggest increase in enquiries come from West Sussex, which was up 190% in the last four weeks. Meanwhile Lancashire, the region with the most enquires overall, was up 45% over the same period. Along with Lancashire, London, West Yorkshire, West Midlands and Kent made up over a quarter of all enquires to Upstix.