Two in three buy-to-let landlords have no plans to sell any of their properties in the upcoming year, according to new research (1) that puts a different perspective on the predicted backlash to the Renters Reform Bill.
Selling spree?
The Renters Reform Bill was introduced to Parliament in May 2023 and includes several measures that landlords fear will reduce their returns. While some had predicted a selling spree in response, it seems that most landlords are holding onto their investments – for now.
One, two, three
Landlords with a single property (75%) and those with two or three (69%) are most likely to hold onto all their properties. For those looking to sell, rising interest rates are the main motivation for six in 10, a 15% jump on the previous survey.
(1) Landbay, 2023
🚨 Data accurate as of the date of publication –04.12.2023
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Source: Quilter Financial Planning – Essentially Mortgages Q4 2023
