BTL landlords earned £34bn in rental income last year

Private landlords across the UK collectively earned £33.8bn from their buy-to-let investments in the year from 5 April 2017 to 2018, which is up 4.3% from £33.4bn in 2016/17.

According to the estate agency, landlords living in London earned the most amount of money, seeing £7bn in total revenue from their residential property investments in 2017/18, up 6.4% year-on-year.

Stephen Ludlow, chairman at ludlowthompson, said: “Landlords, living in London and across the UK, can be sure their buy-to-let properties remain a sensible, long-term investment.”

Despite government changes to available tax relief, ludlowthompson estimate that buy-to-let landlords are still expected to benefit from approximately £16.7bn in relief even once the changes are fully phased in by 2020, which would outperform other asset classes over the long-term, including government bonds, cash ISAs and shares.

Ludlow added: “Whilst house prices are not a one-way bet, they have been far less volatile than other asset classes like shares.

“When you see the share price of one of the UK’s biggest banks fall 9% in a day, based on no corporate news at all, you can see why investors prefer the relative stability of residential property.

“The benefits of buy-to-let extend beyond landlords. The private rental sector plays a vital role in ensuring there is a healthy supply of high-quality rental accommodation that enables labour mobility. Renting is, in fact, part of the solution to the housing crisis.”

Landlords living in London see 6.4% growth in BTL income in a year compared to just 4.3% growth UK-wide average

20% of the total income from property in the UK in the last year was made by landlords living in London

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