Saturday, April 22, 2017
Must be that Brexit thing again!
Lenders report 42% fall in loans to landlords as tax changes begin to bite
The CML says that if the March trend continues “we can expect to have seen around 70,000 buy-to-let house purchases in the last year. This compares with 142,000 in the 12 months leading up to the stamp duty change. That’s 42% lower year-on-yearâ€Â. “It is too early to predict long-term effects of these measures on the balance of tenure. But we may be beginning to see the reversal of a long period of expansion of the private rented sector.â€Â
Posted by sneaker @ 09:43 AM (4668 views)
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