Are we heading for a buy-to-let exodus? - News Summed Up

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Are we heading for a buy-to-let exodus?


It added that across the entire sector, there was a fall of 30 per cent in the volume of buy-to-let mortgages between 2014-15 and 2018-19. Both reports noted that tax changes have been one of the main factors making buy-to-let less attractive for some. 'We feel we're being picked on': Landlords have their say The University of York report features interviews with landlords, who gave an insight into their thoughts about the buy-to-let market. And it said that some landlords were increasingly targeting the housing benefit claimants with the greatest additional needs, where rent is paid directly to the landlord. Rugg added: 'It's a real concern that many good, professional landlords are no longer letting to housing benefit claimants because of the way that Universal Credit is administered'.


Source: The Nation June 29, 2021 06:22 UTC



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