Thursday, 20 July 2017

Number Of BTL Landlords Registering To Buy Property Is Down 30%

There has been a sharp decline in the number of buy-to-let property acquisitions, following the government’s decision to introduce the 3% stamp duty surcharge and phase out mortgage interest relief, fresh research shows. The latest data exposes the scale of the decline in buy-to-let property purchases by revealing that the number of buy-to-let investors registering to buy properties is down 30% year-on-year. And while there has been some recovery since the damaging introduction of a stamp duty surcharge last April, there is still a long way to go until the property market is back to full health. Read more on the Property Investor Today website.

No comments: