MARKET INTELLIGENCE

What next for buy‑to‑let landlords

Investors are making a surprise return to London as bargains begin to emerge
A four-bedroom terraced home in Avebury, Wiltshire, is available to rent for £1,595 a month with Hamptons
A four-bedroom terraced home in Avebury, Wiltshire, is available to rent for £1,595 a month with Hamptons

A series of tax and regulatory reforms were designed to limit enthusiasm among buy-to-let landlords. However, despite some amateur landlords quitting the industry after their incomes were hit by the tax changes, many still see opportunities in the private rented sector, which serves about five million households.

More purpose-built and amenity-rich build-to-rent blocks are springing up in cities and figures indicate that landlords are returning to London after years of favouring higher yields in the north of England. Here we report on what is next for buy-to-let.

Where are landlords buying?
Hamptons International, an estate agency, says that although the proportion of homes bought by landlords has fallen to a five-year low across most of Britain, it is inching up in London. Landlords bought 14