New research conducted by a letting agency shows that 61 per cent of tenants currently have no contents insurance, with 48 per cent admitting that they have never taken out contents insurance at a property they have lived in during their lives.

The Council of Mortgage Lender’s (CML) buy-to-let forecast for 2017 and 2018 has been revised down from previous expectations at the end of last year, as ‘tax and prudential measures’ continue to ‘exert pressure’ on the market.

Landlords’ confidence has fallen as investors face the prospect of higher tax costs and weakening house prices, the sixth ‘Buy to Let Britain’ report by Kent Reliance shows.