Brokers split on buy-to-let in 2016

Brokers are split down the middle on whether buy-to-let will flourish or waver in 2016, research from NatWest Intermediary Solutions has found.

Brokers are split down the middle on whether buy-to-let will flourish or waver in 2016, research from NatWest Intermediary Solutions has found.

A third (32%) of brokers expected buy-to-let business to decrease but two in five (41%) expected an increase. The rest (27%) predicted a stable market.

Brokers reckoned the best prospects will be in remortgaging (37%) and amateur landlords with two or fewer properties (23%).

In terms of the most concerning issues facing the sector three in five (59%) brokers said increased regulation, followed by rental voids (35%), rental arrears (34%) and the costs of property maintenance (20%).