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.
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