The UK could end up with fewer landlords due to stress and Brexit, according to a survey,

Research by insurance company Just Landlords revealed 27 per cent might quit being a landlord by 2021, with many feeling increasingly stressed and under pressure.

31 percent of landlords said they have more worries than they did a year ago and 28 percent claimed owning a rental property is "very stressful".

Emily Morley from Just Landlords said: “The checklist for a landlord can seem endless, with so many areas to consider.

“There is property maintenance to uphold, knowing your rights as a landlord, and what you are required by law to provide for tenants.”

The study also highlighted Brexit and its uncertainty as another reason.

23 percent said they believe Brexit will make it harder to find new tenants and 25 percent said rental properties will be harder to come by.

It also suggests landlords are concerned because of the Tenants Fees Act 2019, which banned the use of tenancy fees and limited what they could be liable to pay for. 24 percent said they believe this change will have a great impact on them this year.

The phasing out of deductible mortgage interest payments was also mentioned. Until 2017, landlords were able to deduct their mortgage expenses from rental income to reduce their tax bill. But from April this year, this will no longer be the case.

Instead, landlords will receive a tax credit, calculated at 20 percent of their mortgage interest.

As a result, 26 percent said they believe this year will be more expensive for landlords.

Ms Morley added: "Investing in and letting a property has never been a straightforward process. But we're seeing an increasing amount of additions and changes to legislation.

"It's great the government is acknowledging issues within the private rental sector and making attempts to improve housing for tenants but there needs to be a balance that allows landlords to remain confident in the market.

"Landlords must try to look to the future and have faith the market will not only stabilise but strengthen."