No mass exodus of buy to let investors, poll suggests

No mass exodus of buy to let investors, poll suggests


Todays other news
Average UK monthly private rents increased by 7.7% in the...
Inflation slowed to 2.6% in the year to March says...
Renters’ budgets remain strong while rent levels are holding firm...
The claim comes from a company called COHO...
The trade body has its say on government welfare changes...


A poll of 1,250 landlords suggests that far from being concerned about the profitability of buy to let, almost 80 per cent want to expand their portfolios.

In addition, some 84 per cent say they have no plans to sell up in the next three years at least, and 66 per cent say even if the government introduces further tax measures – such as restricting interest relief for companies – they still wouldn’t be selling up.

The survey also polled landlords on anticipated proposals for the private rental sector including the possibility of three-year tenancies becoming mandatory.

When asked what would need to happen in order for them to support this policy a massive 82 per cent said they would need to be assured there was a way to remove tenants who fall into rent arrears that is faster than the current fault-based method.

In addition, 69 per cent said the ability to increase rent would need to be given, and 59 per cent said there would have to be tax incentives, such as the ability to deduct more mortgage interest. 

Fewer than nine per cent said they would oppose the policy outright.

Asked what they would need to see happen in order to support compulsory landlord licensing, 37 per cent said they would want the removal of any additional local schemes, except those applying to HMOs.

Some 65 per cent wanted a plan to ensure that it would discourage rogue landlords – such as proof that non-registration could be detected and enforced.

The survey was conducted for advice platform Property Hub.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Edmund Fetherstone-Dilke is a partner at Farrer & Co...
Shelter has launched a petition calling on the government to...
Ascend says it's the UK’s largest third-party operator of single-family...
Some 51% of tenants aged 18 to 34 are dealing...
The BoE has come to a decision on interest rates...
The removal of temporary rent controls may make buy-to-let more...
The Welsh Government is backing the call for a 'compensation'...
Recommended for you
Latest Features
Average UK monthly private rents increased by 7.7% in the...
Inflation slowed to 2.6% in the year to March says...
Renters’ budgets remain strong while rent levels are holding firm...
Sponsored Content
With less than a month to go until the UK...
The UK government has implemented 16 financial sanctions rule changes...
The owners of the Rentman software application (for property Lettings...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here