Buy-to-let slump after stamp duty change – BBC News

Simon Bennett, a proprietor from Belfast with 35 properties, said the additional duty just influenced a few buys, however was combined with banks being extremely hesitant to loan. As we head into the late spring, both first-time purchaser and remortgage loaning anticipated that would keep up energy in the light of the extremely appealing arrangements at present accessible. Regardless of rivalry between banks pushing down home loan rates to record lows, existing proprietors are likewise confronting weights from rising attire and vitality costs.

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