Buy-to-let  

Government urged to halt buy to let changes

Ms Davies said Imla was concerned that layers of government intervention had adversely affected small-scale landlords’ ability and appetite to invest in properties.

She said the trade association had "repeatedly called" for the government to "put the brakes on" regulating and taxing landlords and urged for a more moderate approach to ensure the sector remained strong.

Daniel White, managing director at White Financial Services, said: "The whole purpose of these changes was to help first-time buyers get on the ladder by freeing up property.

"But the government hasn’t done that. You also have the income to house price ratio that is limiting mortgage affordability, so these changes enforced by the government aren’t even working."

imogen.tew@ft.com

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