Growth in the once booming buy-to-let sector is “stuttering” after landlords were hit by a wave of changes that has led many to shrink their portfolio or sell up altogether, a report has revealed.
In the past three months just 1% more landlords have chosen to increase rather than shrink their portfolios, according to the report by Kent Reliance, a specialist mortgage lender with a focus on the buy-to-let sector.
The number of privately rented households has risen by only 3%, or 170,000, to 5.7m.
