Landlords defy tax hike as buy-to-let share of market edges higher

"Early signs suggest that new landlords have shown relative resilience to yet another cost increase. While the number of buy-to-let purchases remains muted by historic standards, their numbers have not collapsed."

"The latest figures contrast with the long-term trend of shrinking buy-to-let participation since a wave of tax reforms targeting landlords began in 2016. This year’s buy-to-let deals will be 40% fewer than eight years ago."

Read at Business Matters