Zoopla: UK rental growth hits three-year low - is buy-to-let still worth it?

Landlords are already battling with higher taxes and reduced reliefs and now rental growth is slowing

for rent sign
(Image credit: Getty Images/Oscar Wong)

Rents are growing at their lowest rate for three and a half years in a new blow for property investors.

Buy-to-let landlords have already been facing higher taxes and scaled back mortgage reliefs, as well as impending rental regulations - and now the profits from their property portfolio are at further risk.

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More affordable cities where rents are rising fastest

City region

Rent inflation last 12 months

Current rent £pcm

Rent growth last 3 years

Rent growth last 5 years

Blackburn

10.1%

£735

30.8%

48.2%

Stoke

9.8%

£797

30%

43.3%

Rochdale

9.5%

£881

37.2%

57.3%

Belfast

9.2%

£819

18.7%

34.9%

Birkenhead

8.3%

£778

26.1%

41.2%

Burnley

8%

£620

27%

48%

Wakefield

7.9%

£787

25.3%

43.4%

Bolton

7.9%

£869

33.9%

54.6%

Wigan

7.7%

£798

32.8%

54.1%

Newport

7.2%

£930

27.6%

51.2%

Grimsby

6.8%

£655

20.2%

33.1%

Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.