Karen Bennet

Landlords remain confident about BTL despite challenges

UK landlords are optimistic about the buy-to-let (BTL) market despite increasing tax burdens and Brexit-driven uncertainty, an industry survey has shown.

The latest ‘BTL barometer’ by Shawbrook Bank has found that two-thirds of BTL investors (65%) are confident about the performance of their property portfolio in 2018, while 14% said they were concerned.

Around one in five (21%) landlords reported that they experienced an increase in tenant demand in the 12 months to 2018.

Karen Bennett, managing director at Shawbrook Bank Commercial Mortgages (pictured above), said: “There’s a healthy dose of uncertainty around at the moment, but the BTL market is showing its resilience.

“Property continues to offer an excellent underlying investment vehicle for professional landlords with the right investment strategy.”

Almost two fifths of landlords (39%) said they planned to invest in another BTL property in 2018.

The survey also indicated the North West and South East as preferred regions for landlords.

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