Hey everyone, Robby here with Robty and you are listening to the property podcast. You might think

that we are diehard property people. Nothing would stop us, but that's far from the truth. There are

things that could happen that would absolutely make us walk away and sell down our portfolios.

And it's not just one thing, we have a list of them. So this week's episode,

we're going to share a list of things that would terrify us so much it would make us walk away

for property investment for good.

Welcome to the property podcast. Thank you for joining it. In case you don't know, we run a company that ranges more than £100 million worth of property deals for our clients every year. You can find out more about that at Property Hub.net slash invest. And we've been podcasting for getting on for 14 years. Does that mean we're just going to go on forever? Could anything stop this train? Well, yes, a few things could. And we're going to tell you

what those are in just a minute. Well, it's time for our new story of the week, and this week's

new story comes courtesy of Hamptons, thank you Hamptons, and their headline reads,

Landlord sales slow following the Renter's Rights Act. Hamptons have done to analysis, Rob,

and their data shows that the pace of landlord sales

has slowed in recent months following a spike in activity leading up to the implementation of the

Renters' Rights Act. I'm not surprised there was a spike in activity. We've seen that type of thing

before when stamp duty is moving or anything like that, you tend to see a flow of activity.

Is the shifting data now off the back of just that all the business was done before now

it all evened out, or is this something more meaningful?

Well, I think there's a couple of things going on here. One is that all the people who most

wanted to sell have done by now. So the news about renter's rights was knocking around for a long

time. People have plenty of time to not come to terms with the idea and decide to sell. And these are

estimates, but probably knocking on for around about 200,000 over a couple of years, landlords selling

up. So they saw what was coming, they didn't like it, and they have sold. Does that mean that everyone who's left is delighted? Not necessarily. I don't think we can say, well, everyone who wanted to get out has got out because the sale market, as we know, is not strong right now. And that is probably the under-exaggeration of the day. So there might be a secondary spike in the future. It might be that all the people who really wanted to get out have done. And then you've got another group going, oh, I'm still not super chuffed. I don't want to be in property long term, but now's not the time. So it's possible that as the market recovers, we will see another move to the exit. But what we do know is that right now, the proportion of landlord sales is much lower than it has been for quite a while.

The really astonishing stat in here, which isn't astonishing for me because I've read it before,

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