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'Serious' landlords not giving up on buy to let, claims agency chief

An online agency claims that serious portfolio landlords are staying faithful to buy to let despite recent tax and regulation changes making the sector more challenging for investors. 

Having analysed its own registration data for the final quarter of 2017, Upad says it has seen a 20 per cent overall increase, year-on-year, in landlords registering.  

During the final quarter of 2017, registrations by landlords holding portfolios of five or more properties rose by 56 per cent compared to the same period in the year before.

And within the first four weeks of 2018, registrations have risen by 14 per cent compared to the same period a year ago.

“Legislative changes introduced by the government in the last couple of years will, no doubt, place doubt in the minds of some accidental and less committed landlords. It would be foolish, however, to think that those who have made the strategic decision to invest in property would be so easily put off” claims James Davis, founder of Upad.

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