link to ringley website
  • Home
  • About Us
    About us & leadership Awards Savings for Clients Case Studies Green Management Strategies Market Overview Leasehold Reform Campaign Money Back Guarantee
  • Our Services
    • Asset Management
      • UK Asset Management
      • Project Monitoring
      • ESG Consultancy & Implementation
      • PropTech & Living Sectors Platform
      • Marketing Insights
      • Resident Journey
      • Stabilised Assets
      • UK Build to Rent
      • UK Later Living
      • UK Co-Living
      • UK Student Accommodation
      • UK Single Family Housing
    • Block Management
      • Overview - London
      • Overview - Wales & West
      • Overview - Southwest
      • Right to Manage
      • Freehold Management
      • Resident Management
      • Estates of Houses
      • Ground Rent Collection
      • How to change agent?
      • Block Management Services
      • Can't afford an agent?
      • Legal & Tribunals
      • Top 10 Tips
      • Report an incident
    • Commercial Management
    • Law
      • Overview
      • Meet The Team
      • Recommendations
      • Right to Manage
      • Lease Extensions
      • Freehold Purchase
      • Absentee Freeholder
      • Court Appointed Manager
      • Conveyancing - Wales
      • Conveyancing - England
      • Service Charge/Rent Arrears Recovery
      • Company Secretary
    • Property Valuations
      • Overview
      • Loan Security
      • Company Accounts
      • Lease Extensions
      • Freehold Purchase
      • Rent Reviews
      • Ground Rent Investment
      • Development Valuations
      • Expert Witness & Litigation
      • Tax, Trusts & Accounts Valuations
      • Trading Business
      • Compulsory Purchase
      • Residential Valuations
    • Engineering
      • Overview
      • EWS1 Consultancy
      • Asbestos
      • Contract Administration
      • Fire Assesment
      • Homebuyer Survey
      • Building Survey
      • Schedules
      • Party Wall Matters
      • Principle Designer
      • Disability Access Audits
      • Small Building Works
      • Fire Door Inspection
      • Insurance Valuations
    • Property Accounting
      • Finance
      • Quote For Service Charge Accounts?
      • Property Accounting Law
      • Accounting Updates
      • To Audit or Not?
    • Plant & Facilities Management
      • Plant & Facilities Management
      • Fire Door Inspection APP
      • Fire Safety Update
    • Site Staffing Solutions
      • Ringley Integrated Site Staff Solutions
    • Leasehold Guidance
      • Overview
      • Right to Manage
      • Purchasing The Freehold
      • Court Appointed Manager
      • Absentee Freeholder
  • Insights
    Asset Management Articles Block Management Blogs Publications BTR Rental Market Blogs Customer Insights FAQ - Ask Our Experts Insurance Calculator
  • Get In Touch
  • Work with us
  • Portal Login
UK Property Market Experts Predict an Exodus of BTL Landlords in 2023

Written by: Ian Barbar 05/01/2023
  546       0
Responsive image

Landlords Reconsider Letting Amid Rising Costs

Rising arrears and falling house prices are prompting many landlords to rethink their letting decisions. According to a Goodlords webinar titled 2023 Predictions, over 50% of letting agents believe landlord numbers will decline due to new regulations and rising interest rates.

Regulatory and Economic Pressures Driving Landlords Out

Industry experts argue that the fast-paced regulatory changes combined with economic instability will further pressure landlords. The absence of favorable policies and increasing costs are restricting rental supply, making it harder for landlords to stay in the market.Despite high rental demand, landlords worry about rising mortgage costs and falling property values, leading many to consider alternative investment opportunities.

End of the Cheap-Money Era for Buy-to-Let

The foundation of the buy-to-let (BTL) exodus was set in late 2022, when cheap borrowing options disappeared. It has become increasingly difficult to expand property portfolios, forcing landlords to reassess their investments. The combination of strict regulations, rising costs, and punitive taxation is expected to push many landlords out of the market in 2023.

Mortgage Renewals Could Trigger a Mass Exit

Landlords facing mortgage renewals in the next 12 months could be in serious financial trouble—especially if they haven’t been on repayment plans for the past five years. As mortgage costs soar, many landlords will realize the financial strain of their next renewal, potentially leading to a mass exodus from the sector.

Three Major Challenges for Landlords in 2023

1. Remortgaging Struggles

  • Securing a better mortgage rate will be nearly impossible due to higher interest rates.
  • Rental yield calculations no longer align with financing costs.

2. Lack of Tax Advantages

  • BTL mortgage interest is no longer tax-deductible, making renting less profitable.
  • Many landlords will face significant financial losses in the coming years.

3. Distress Sales and Investment Shifts

  • Landlords with deep pockets may find opportunities in distressed sales.
  • Rising rents and falling property prices could create new investment dynamics.

Calls for Government Support and Rent Control Debate

Hundreds of agents have signed an open letter to Michael Gove, urging greater support for the rental sector. They warn that inflation and the cost-of-living crisis could lead to a surge in arrears of up to 5% in 2023. While some believe rent freezes could help tenants, others argue it would reduce property availability, worsening the supply-and-demand imbalance.



Property Management Block Management Building Safety
POPULAR POSTS

Is noise getting you down?

Ground Rent: Fines for Landlords Who Charge Ground Rent

What exactly do renters want?

Don't forget the smoke alarm!

What will a 2022-23 Recession Mean For UK Renters?

RECENT POSTS

Service Charges Are Not For Profit: What ManCo Directors Need to Know

Service Charges and Leases: What? When? Year-End Accounts? How to Read a Lease

Service Charges and Inflation: Should Annual Service Charge Increases be Inflation Linked?

Service Charges, Reserve Funds, and Sinking Funds Explained

Buying a Flat? How to Understand the Service Charge Accounts and Spot Hidden RIsks


Blogs on similar property topics

ASSET MANAGEMENT
Balcony fires - don't take the risk
Following the fire in June that raced through a block in Barking via wooden-clad balconies, the government now has an advice note for block owners and residents. Balconies must not compromise resident safety by providing a means of external fire spread. Balconies must be included in fire risk assessments. If they contain combustible material, they should be removed and replaced.

Read More

ASSET MANAGEMENT
Luxury amenities - what gets your vote?
Today we thought we'd have a bit of fun. What added extras would persuade you to sign on the dotted line if you were buying or renting a new flat? Developers are busy trying to attract buyers and renters to their blocks by offering a whole range of residential amenities. But some of them are frankly a bit dull, especially if you live in the middle of a town or city.Who needs a gym or a coffee shop when there are plenty to choose from just arou...

Read More

ASSET MANAGEMENT
Will your job be safe in an AI world?
There’s a lot of discussion around artificial intelligence (AI) and automation at the moment. We’re already seeing AI take over everyday tasks—self-checkouts in supermarkets are now commonplace, and driverless cars are set to revolutionize our streets in the near future. With such rapid advancements, many professionals are wondering whether their jobs are at risk of being replaced by machines.

Read More

Meet our Expert Property Commentators

Mary-Anne Bowring FTPI FRICS FARLA FCABE Founder/Head of Asset Management

Strategic partnerships, holistic delivery/ opportunities, growth, value engineering, thought leadership

Ian Barber MD BTR Mobilisation & Leasing

Runs HQ & site lease-up teams. Drives rent pricing, mobilisation, marketing, happy residents!

Jon Curtis MRICS Head of Building Engineering

Chartered Building Surveyor. Lectures on EWS1 & building safety. Runs CapEx programmes.

Kate Robinson MTPI MD Blocks/FM Management (London Region)

Master plan setup, ops and staffing and resident engagement. ISO45001 champion.

Lee Harle Partner Ringley Law

Plot conveyancing. Debt litigation. Group Company Secretary.

Natalie Birmingham Helpdesk Support Manager

Trainer & Helpdesk Manager: people, systems,contractors. ISO45001 supply chain accreditation.

Chris Georgalis MRICS Head of Commercial Valuation

Chartered Valuer. Rental valuations: retail, leisure. IRR modelling and valuations for secured lending. Compulsory purchase & rent reviews

Nichola Pughe MRICS Head of Residential Valuation

Chartered Valuer. Rental development & mixed use valuations, IRR modelling. Leasehold enfranchisement specialist


Insights, articles & blogs
INDEX

PROPERTY
BLOGS

LANDLORD
BLOGS

PROPERTY
ARTICLES

E-BOOKS

inshights shared - link to planetrent blogs

Landlord blog
Read landlord blog
inshights shared - link to ringley blogs

Property blogs
Read property blogs
inshights shared - link to ringley articles

Property articles
Read property articles
inshights shared - link to ringley ebooks

E-books
Read E-books

Our Offices

link to ringley social media facebook link to ringley social media instagram link to ringley social media linkedin link to ringley social media x-twitter
  • Back
    Office
  • Ringley House
  • 1 Castle Road
  • London
  • NW1 8PR
  • T: 0207 267 2900
  • Customer
    Office
  • Ringley House
  • 47 Rochester Place
  • London
  • NW1 9JL
  • Manchester
  • 11 Swan Street
  • Northern Quarter
  • Manchester
  • M4 5JJ
  • T: 0330 174 7777
  • Cardiff
  • 122 West Bute Street
  • Cardiff Bay
  • Cardiff
  • CF10 5LJ
  • T: 0330 174 7747
link to ifsm website link to tpos website link to rics website link to ukgbc website link to governmanet security industry authority website link to alep website
  • What we do
  • Asset Management
  • Block Management
  • Facilities Management
  • Property Law
  • Surveying / Valuation
  • Building Engineering
  • Financial Services
  • Managing Agents
  • Block Management Locations
  • Co-working
  • Renting & Letting
  • Right to Manage
  • Contractor Management
  • Space to Work
  • Fees and Client Money Protections
  • Ringley Group
  • About us
  • CSR / ESG
  • BusyLiving
  • PlanetRent
  • Talk to us
  • Careers
  • Ask a Question
  • Insights
  • Articles
  • Blogs
  • Subscribe
  • BTR & PRS Buildings

Emergency Lines

0207 428 2056

0207 267 2900

solutions@ringley.co.uk

Report an incident

read more link

All content © copyright 2025. Ringley Limited. All Rights reserved. Ringley Limited, incorporated and registered in England and wales.

Registered office: Ringley House, 1 Castle Road, London, NW1 8PR. Company No. 03302438

Terms of use | Privacy Policy | Modern slavery act | Health and Safety Policy | Anti Bribery and Corruption | COVID-19 risk assessment

Ringley Staff Dashboard
link to ringley social media facebook link to ringley social media instagram link to ringley social media linkedin link to ringley social media x-twitter
link to ringley social media x-twitter for small device
link to ringley social media linkedin for small device
link to ringley social media instagram for small device
link to ringley social media facebook for small device
  • Ringley Group
  • About us
  • CSR / ESG
  • BusyLiving
  • PlanetRent
  • Talk to us
  • Careers
  • Ask a Question
  • Insights
  • Articles
  • Blogs
  • Subscribe
  • BTR & PRS Buildings
  • What we do
  • Asset Management
  • Block Management
  • Facilities Management
  • Property Law
  • Surveying / Valuation
  • Building Engineering
  • Financial Services
  • Managing Agents
  • Block Management Locations
  • Co-working
  • Renting & Letting
  • Right to Manage
  • Contractor Management
  • Space to Work
  • Fees and Client Money Protections
  • Email: solutions@ringley.co.uk

  • Emergency line 1: 0207 428 2056

  • Emergency line 2: 0207 267 2900

  • Report an incident
  • Our Offices
  • London
  • Ringley House
  • 1 Castle Road
  • London
  • NW1 8PR
  • T: 0207 267 2900
  • London
  • Ringley House
  • 47 Rochester Place
  • London
  • NW1 9JL
  • Manchester
  • 11 Swan Street
  • Northern Quarter
  • Manchester
  • M4 5JJ
  • T: 0330 174 7777
  • Cardiff
  • 122 West Bute Street
  • Cardiff Bay
  • Cardiff
  • CF10 5LJ
  • T: 0330 174 7747
Privacy Policy
Ringley Staff Dashboard
link to ifsm website link to tpos website link to rics website link to ukgbc website link to government security industry authority website link to alep website

All content © copyright 2025. Ringley Limited. All Rights reserved. Ringley Limited, incorporated and registered in England and wales. Registered office: Ringley House, 1 Castle Road, London, NW1 8PR. Company No. 03302438
Terms of use | Privacy Policy | Modern slavery act | COVID-19 risk assessment