Landlords have been hit hard over the last few years when it comes to the taxation they face for operating in the private rented sector.
Whether it was the Stamp Duty surcharge or the change to mortgage tax relief, it has become more expensive to operate in the market as a landlord over the last couple of years.
Experts predicted that the changes imposed by the government in this time would potentially be problematic, with a number of landlords looking to leave the market, and prospective landlords less likely to invest, as a result. However, this is proving not to be the case, as the rented sector once again bucks trends and flexes its muscles.
Such is the underlying strength of the rental market, thanks to demand and returns landlords enjoy, that 57 per cent of those surveyed by Property Partner said their opinion of the buy-to-let sector had not changed at all since the government's latest round of tax law changes came into effect in April.
The majority said they have not invested in property because they see it as a tax efficient purchase, and rather because it is a viable and strong long-term investment that will give them a good return over a number of years.
This is something that was underlined by research from Property Partner, which states that since records began in 1972, the rental market has had no five-year period where landlords would have experienced negative growth in their investments.
"This research underscores the confidence being shown in the buy to let sector across the UK. It really highlights that, despite efforts to increase the tax take from landlords, investors continue to be bullish and see property as a secure, long-term investment," said Dan Gandesha, chief executive officer of Property Partner.
He also said that with the UK housing shortage as it at present, it's likely the sector will continue to be a strong long-term option for many landlords for years to come.