Landlords see a future

Britain’s buy-to-let landlords are divided over their future, following a raft of tax and market changes, according to recent research.

It found that three in five buy-to-let investors (56%) want to keep or buy more rental properties, although two in five (44%) are looking to sell. As the market consolidates, landlords are polarized across the country, with tough decisions to make on whether to stay or leave the sector.

Nearly a quarter of those looking to sell up blame falling yields (24%) and tax changes (23%), while a fifth blame cooling house prices (19%). Three in five (60%) say that property management had become a burden.

The British public still have an incessant love affair with bricks and mortar – but the hassle and cost of buy-to-let is a source of growing frustration, and some landlords may find that their once reliable day-to-day income is becoming harder and harder to come by.

But in reality this isn’t the case across all parts of the market, with money still to be made from the right property in the right region.

There is a significant regional divide when it comes to best performing areas for buy-to-let.

Many London landlords are experiencing falling yields and slowing house price growth which is likely to reduce profits.

In Scotland landlords enjoy average annual returns of 8.8% on their investment over an eight-year period and those in the East Midlands return 8.2%.

If you are looking for a new or re-mortgage please do make contact and one of our fully qualified advisers will be happy to assist.