2022 saw the highest proportion of property sales to investors since 2016, with landlords accounting for 12.2% of the sales that year and 19% of the overall UK housing stock. Surprised? Well, it’s not so unbelievable when you look at what’s happening.
- Interest rates have dropped since their spike after Liz Truss’s disastrous mini-budget, with buy-to-let mortgages now available from 3.59%.
- House prices have levelled off, giving landlords a much better shot at getting a great deal with an instantly higher yield.
- Rents have risen sharply because of intense competition among tenants.
