Buy to let market – steady with millennials on the up

A recent report by Hamptons, a luxury estate and letting agency, gives an insight into the Buy to let market. Despite changes to taxes, they estimate that landlord purchases have remained stable at 11.3% in Q3 2025 compared to 11.2% in Q3 2024.  However, they note that the spatial distribution has changed with lower shares than previously in London, SW England, SE England and the East of England but higher shares in North East England at 28.4%.  They state that the change in location reflects lower house prices in NE England meaning lower levels of Stamp Duty Land Tax.  Higher yields have also played a part.

 

Hamptons note an increase in the share of new shareholders in buy to let limited companies of millennials at 50% up from 40% five years ago.  There is a paradox here in that a lower share of millennials are actual home owners compared to older generations.  However, it illustrates that within each generation there are disparities in earnings and wealth, a fact often overlooked.

 

Sources

Hamptons, (October 2025), The next generation of landlord emerges, As investor purchases defy expectations despite second home stamp duty hikes.

https://www.hamptons.co.uk/articles/the-next-generation-of-landlord-emerges#/