Landlord numbers drop as ‘dinner party property investors’ sell up
Landlords have sold nearly 120,000 more properties than they have bought since the 3% additional property SDLT surcharge was introduced in April 2016
Residential property is attracting ‘more sophisticated investors’, says buying agency
"Activity in the residential investment sector is once again picking up", says buying agency Garrington, although the firm reports "a different profile" of buyer in the sector.
Landlord numbers fall to a seven-year low
The average private rental portfolio size has risen as the number of landlords has dropped, reports Hamptons International. The national average rent increased by 3.6% in the last year.
Five years on: How 2016’s tax changes have shrunk the buy-to-let market
“The tax changes introduced from 2016 onwards have undoubtedly taken the heat out of the buy-to-let market," argues Hamptons' research chief Aneisha Beveridge.
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'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'.
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