Wednesday, 12 September 2018

Buy To Let Britain: A Divided Nation Sell Or Stay?


Britain’s buy-to-let landlords are divided over their future, in light of tax and market changes. While 56% want to keep or buy more rental properties, 44% are looking to sell. The majority of UK landlords still view it as a money-making asset class but think it will be on the decline in the future. As the market consolidates, buy to let owners are polarized, with tough decisions to make on whether to stay or leave the sector. For those looking to exit the market, nearly a quarter blame falling yields (24%) and tax changes (23%), while a fifth blame cooling house prices (19%). 60% say that property management had become a burden and 61% undervalued the costs involved. Read more on the Property Reporter website.

No comments: