Investment in buy-to-let plummeted to just £5bn in 2017
having been worth £35bn ($48.8bn, €39bn) in 2015. Changes to the tax treatment
and mortgage requirements are thought to be behind the slump, which IMLA
branded “excessive” and warned against “further punitive action”. As a result
of the tax changes, 21% of landlords said they would be reducing their
portfolio in the coming year. According to IMLA, buy-to-let landlords have been
good for UK housing with adjusted rental costs in real terms falling 4.4%. Read
more on the International Adviser website.
John Judge obituary
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As chief quantity surveyor at Manchester city council, my father, John
Judge, who has died aged 91, was part of a team that led the city’s
housebuilding ...
5 hours ago
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