A report published by specialist lender Aldermore has revealed that 44% of landlords believed that the private rental sector will grow, with just 8% intending to reduce the number of properties they own.
A quarter (25%) claimed that changes to tax relief was their main challenge, while 22% cited increased stamp duty.
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Charles McDowell, commercial director of mortgages at Aldermore, said: “There is no denying that the buy-to-let market has taken a bit of a battering, thanks to a multitude of regulatory, underwriting and tax changes.
“However, we are pleased, and slightly surprised to see, that there remains a net sense of optimism among buy-to-let landlords.
“Despite the recent changes, many still view buy-to-let as a good investment, with expansion on the horizon, particularly among those who are specialists in this area.”
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