US Edition‘Not enough’ landlords to cater to students and immigrants, Paragon boss warns
- Paragon Bank's CEO Nigel Terrington warned on 2025-06-05 that there are not enough landlords to meet high rental demand in the UK.
- He linked the shortage to increasing tenant demand, an anticipated population rise of around four million before 2032, driven largely by immigration.
- Terrington noted that rental prices are rising due to limited availability and that professional landlords now manage most rental properties.
- Paragon's new mortgage lending rose 25% to £810 million over six months ending March 2025, while pre-tax profit increased nearly 27%.
- He urged the Government to provide landlords enough time and clarity to adapt to the Renters' Rights Bill, which proposes changes like ending no-fault evictions.
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The apartment went away after several viewings and seven landlords. Now the broker warns of a housing shortage in Aurland.
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Leaning Left4Leaning Right1Center2Last UpdatedBias Distribution57% Left
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