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Buy-to-let landlord sales slow

The number of homes being sold by buy-to-let landlords has fallen by almost 40,000 in the space of a year.

For the seventh year in a row, more British landlords are selling properties rather than purchasing them. Investors were responsible for 14% of all homes sold in the first nine months of this year — numbering 103,130 in total – but only 11.2% of all purchases, or 82,830.

Analysis by Hamptons suggested that the sell-off might be easing. It showed that 39,270 more landlords sold properties in the first nine months of last year than did so this year – 142,400 versus 103,130.

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