Buy-to-let landlords hit by new taxes and lack of bank support

To let signs

Source: Shutterstock/David Fowler

More than half of buy-to-let landlords say they have been affected by recent tougher tax treatments and tighter bank lending criteria, with many selling and reducing their property holdings, according to new research.

Data from Fitzrovia Finance reveals that 54% of buy-to-let landlords said they had been affected by the changes, with one in five of those interviewed saying they have reduced the number of buy-to-let properties in their portfolios, while 15% said they were deterred them from buying more properties.

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