UK Landlord Selloff Slows, Defying Highest Rates in 15 Years
- Strong rental growth is softening buy-to-let selloff: Hamptons
- High interest rates, strict regulation leading to fewer buyers
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Britain’s buy-to-let property deals are slumping as cautious buyers retreat and landlords endure the highest interest rates in 15 years.
Buy-to-let investors are on track to sell about 140,000 homes in Britain this year, roughly 53,000 fewer than in 2022, according to a report from broker Hamptons International. Despite the slowdown in sales, landlords are still letting go of more homes than they’re buying.