Saturday, April 22, 2017
Must be that Brexit thing again!
The CML says that if the March trend continues Ã¢Â€Âœwe 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. ThatÃ¢Â€Â™s 42% lower year-on-yearÃ¢Â€Â. Ã¢Â€ÂœIt 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.Ã¢Â€Â