PROPERTY INVESTING
Is this the end of buy-to-let?
Landlords facing rising costs and tough rules are getting out while they can, says Rachel Mortimer
The Times
The private rental market is on the cusp of the biggest overhaul in a generation, but reforms are stalling and the sector’s vital signs are weak. Rents are rising at a record pace, landlords’ mortgage debts have doubled and evictions have surged.
Ministers are grappling to balance demands from landlords and tenants with a looming general election, so new legislation is being tabled at the eleventh hour while other policies are put on ice.
“Housing is the most political topic around. Every call the government makes is about how many votes it can get,” David Smith from JMW Solicitors said. The buy-to-let market is in a state of flux. We look at what it means for landlords and renters.
The long-awaited Renters (Reform) Bill is
