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.
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