“As expected, Q2 has been a busy time for us and with the higher end of the sales market beginning to plateau, the higher end of rental market has bore fruit. The PRT hasn't hugely affected our stats as yet, but we feel it is only a matter of time until tenancies begin to shorten. Recent increased regulation coupled with the financial changes imposed by the government has seen fewer new landlords entering the game, while some have actually chosen to pull out all together. There doesn't seem to be an influx of new buyers to replace these BTL investors either, so it looks like the intentions of the government have yet to be realised.”
I am a Tenant Landlord