Brexit, stamp duty and the Bank of England fail to deter landlords from investing in buy-to-let



Brexit, extra stamp duty, the prospect of less tax relief and tougher mortgage lending criteria have all failed to deter landlords from investing in buy-to-let.
Industry figures released today show that landlords flooded back to the market in September, looking for and snapping up properties despite the tide of Government measures brought in to subdue buy-to-let.
Figures from Rightmove reveal a 30 per cent bounce in buy-to-let enquiries since May, while separate figures from Connells Survey & Valuation show a particularly strong recovery in September, when the number of buy-to-let... read more

 
12 October 2016 in Business, Views: 42
Source: Daily Mail
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