Private sector buy-to-let landlords sometimes get a bad rap from renters, who blame property investors for fuelling a housing boom which has resulted in higher living costs.
This has left many tenants priced out of the housing market in their local area, unable to afford increasing rents let alone consider buying, all while they see property owners continue growing their portfolios.
However, the reality is that nowadays, buy-to-let landlords make up a fundamental part of Britain’s property market. We need landlords to invest in housing precisely because of the fact that people can no longer afford to buy their own homes.
The number of private sector landlords has been on the rise for the past decade and it is estimated that by 2021, the UK will need at least one million new rental properties in order to fuel demand.