The first evidence has emerged that buy-to-let landlords
are increasingly selling properties or paying down their mortgage debt
following a barrage of tax and regulatory changes. Data from UK Finance, the industry
body, show that growth in outstanding buy-to-let mortgages is failing to keep
pace with new mortgages being granted, in a reversal of the broad relationship
between the two over the past decade. This strongly suggests some buy-to-let
mortgages are being redeemed as investors sell rental properties. Read more on
the Financial Times website.
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