UK landlords now seeking out more affordable properties with higher yields – Rentman Software

Landlords have been selective with their purchases this quarter, choosing properties that maximise their income with minimal investment. This strategy is likely to remain common as it allows landlords to maintain profitability while HMRC phases in restrictions on income tax relief for landlords. Property investors are looking to add cheaper properties with higher yields to their portfolio, a new research has found. According to a buy-to-let index put together by Mortgages for Business landlords have spent their time over the last quarter looking for high-performing options when considering any Investment property purchase.

Key Takeaways:

  • For many years, landlords’ portfolios were focused on London and the incredibly high income levels that they could achieve on a monthly basis
  • Landlords have been selective with their purchases this quarter, choosing properties that maximise their income with minimal investment. This strategy is likely to remain common
  • Mortgages for Business found that the average UK property landlord has slowed their investment intentions in the past three months, buying fewer homes than they were in the quarter before

“According to Mortgages for Business, there are now far more landlords doing the maths and buying low value stock that has a higher rental potential.”

Read more: https://www.rman.co.uk/view-article.php?id=801837807