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Overseas Landlords In Rush To Quit Buy To Let

Overseas Landlords In Rush To Quit Buy To Let

Expat and foreign landlords are leaving the UK buy to let market in huge numbers, according to new data.

In 2010, landlords based overseas owned 15.5% of the UK’s private rented homes.

But this number has plunged by more than half to a record low of just 5.8% in 2018, says data from top-end estate agency Hamptons International.

The rush to quit is nationwide, with every region reporting a downturn in foreign buy to let ownership.

The impact is biggest in London.

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