Landlord profitability sinks to lowest level since 2007

The buy-to-let boom that began in the late 1990s may now be hitting a 'landmark moment of contraction' as tax changes and red tape bite.

South West London neighbourhoods led the way as outer commuter belt markets also outperformed.

LonRes recorded an annual movement of 2.5% in September, although average rents are still nearly 40% above pre-pandemic levels.