One in three now believe property to be a ‘bad investment’

Written by Oliver Wade
04/07/2018

More than a third of London investors believe that property is no longer a good investment, according to new research from Rathbones.

The figures further revealed that only 17 per cent of wealthy investors who own buy-to-let properties planned to increase their portfolio in the future. However, among those with over £100,000 of investible assets, only one in ten felt that property was not a good investment.

Recent tax changes in buy-to-let investments and newly introduced regulations affecting portfolio landlords were cited by investment firm Rathbones as the primary reasons behind investors turning away from the property market.

“While it’s understandable that property, and in particular residential property, has been a popular investment in the past, it’s now making less and less sense,” Rathbones investment director Robert Hughes-Penney said.

    Share Story:

Specialist FTB and BTL markets
Adam Cadle talks to Vida Homeloans director of sales - mortgages Louisa Sedgwick about the specialist first time buyer and buy to let markets

Newsletter

Subscribe to our newsletter to receive breaking news by email.




MoneyAge welcome
MoneyAge Editor Adam Cadle discusses the brand and what is on offer

World Markets (15 minute+ time delay)