Landlords leave buy-to-let behind

Landlords have finally come to the conclusion that the buy-to-let sector is no longer worth the effort, says Sarah Moore.

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Buying to let is probably no longer worth the hassle
(Image credit: fazon1)

It looks like the war being waged by the government on the buy-to-let sector is taking its toll landlords have finally come to the conclusion that the sector is no longer worth the effort. Growth in the number of outstanding buy-to-let mortgages is no longer keeping up with the number of new mortgages being granted, pointed out James Pickford in the Financial Times last week. This essentially means that although new people are continuing to enter the market, increasing numbers of landlords are deciding to sell their property in order to pay off their loans.

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Sarah is MoneyWeek's investment editor. She graduated from the University of Southampton with a BA in English and History, before going on to complete a graduate diploma in law at the College of Law in Guildford. She joined MoneyWeek in 2014 and writes on funds, personal finance, pensions and property.