Landlords are leaving the buy-to-let market with 12% offloading properties this year and 11% planning to exit the market altogether according to Together.

8% of BTL landlords admit they don’t foresee any opportunities in the next 12 months and will pause their investment activity and wider property plans.

Ryan Etchells, Chief Commercial Officer at Together, said: “BTL is a robust market and while the impact of cost pressures and wider regulatory changes is apparent, we are still seeing a healthy proportion of landlords riding out the wave and expanding their portfolios. There will likely be some smaller or amateur landlords who decide to sell off investments or exit completely, but in their position we are already seeing larger, professional landlords stepping in to seize diversified opportunities.

“Until the final outcome of the Renters Reform Bill is known, there may be a bit more volatility as landlords assess the cost impact to them and their property plans this year. But, on the whole it’s a changing of the guard rather than a mass exodus. A combination of more flexible BTL regulations and an agile lending sector can help landlords to manage their portfolios and ensure they are able to leverage all available opportunities.”

Despite this UK Finance reported in Q4 2024 there were 52,648 new buy-to-let loans advanced in the UK, worth £9.6bn, an increase of 39.2% by number (47.2 per cent by value) compared with Q4 2023.