In the face of recent regulatory and tax changes, just under 20% of landlords say they expect to remain a landlord indefinitely. According to research, the level is similar among those owning at least four properties, as well as across the 35-54 and 55+ age ranges. Just 6% of all landlords anticipate staying in for only one or two more years. One expert says there have been “ripples of concern” about a large exodus of landlords due to the changes introduced, but that view is an exaggeration.
Key Takeaways:
- About a quarter of landlords from the commuter belt in the East of England said they planned to remain landlords.
- Younger landlords were somewhat less inclined to stay in long term than older ones.
- Roughly a fifth of portfolio landlords have at least 16 years of experience in that sector.
“Almost one in five landlords intend to remain in the buy to let market in the UK indefinitely, with the same number of portfolio landlords having a similar outlook.”
Read more: https://www.propertywire.com/news/uk/almost-one-five-landlords-say-business-long-term/
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