John Blackwood of the Scottish Association of Landlords says property owners are reacting to 'hostile policies' by reducing their portfolio.

Over half of landlords prefer to purchase terraced homes, 46% prefer semi-detached homes and a quarter are looking out for individual flats.

Property Circle boss Marc Randall says agents need to reach the next level in order to maximise opportunities in the property letting space.

Jas Bhogal says the bank has loaned a professional landlord £20 million to overhaul the financing of their portfolio of 36 properties.

Research from Legal & General’s Ignite reveals the number of applicants reliant on gifted deposits was up by 10% in November.