The Residential Landlords’ Association (RLA) is standing by its claim that up to a quarter of buy-to-let landlords intend to sell of all or some of their properties in the foreseeable future.
The RLA is adamant it is standing by the statistics released 2 weeks ago showing that one in four PRS landlords are either selling or planning to sell some of their rental homes.
The association published its survey results after almost thousand landlords who took part in the association’s digital tax survey, which asked some additional questions on the impact of increased Stamp Duty and changes to Mortgage Interest Relief on their portfolios.
North east based lettings agent Ajay Jagota subsequently claimed in the trade press that the figures were ‘inaccurate’ – a claim based on the fact that, according to him, the landlords with whom he works are not thinking of selling up.
Alan Ward, RLA chairman said:
“We are delighted to hear how well things are going for landlords in the north east. Long may this continue.
“However I would reiterate that the RLA does not rely on such anecdotal evidence to make claims about the state of the sector, but solid, robust evidence provided by our members themselves and collected using recognised research methodology in-line with the UK Research Integrity Office’s Code of Practice for Research.”