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.... Lloyds said the average cost of moving home is £11,000 in England and Wales, rising to £31,000 in London. The long buy-to-let boom may also have fundamentally changed the dynamics of the property market. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 05:01:21 AM
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. The number of properties bought by landlords has almost halved in a year after a tax and regulatory clampdown, prompting a leading banking body to downgrade its forecasts for buy-to-let lending in 2017 and 2018. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 05:45:48 PM
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.... Though relatively young, single and hard-working he can rarely afford a night out. His buy-to-let landlords are young Londoners Dan and Jamie who have snapped up 14 cheap homes in the north-east. ... [Read full article on Guardian ]
Saturday 24th of June 2017 06:00:00 AM
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Latest Finance News related to Buy-to-let

Life swap … landlords are being given the chance to live like their tenants image
.... Though relatively young, single and hard-working he can rarely afford a night out. His buy-to-let landlords are young Londoners Dan and Jamie who have snapped up 14 cheap homes in the north-east. ...
Buy-to-let UK property sales fall by almost 50% in a year image
Source : Guardian [Read Article] Thursday 22nd of June 2017 05:45:48 PM
. The number of properties bought by landlords has almost halved in a year after a tax and regulatory clampdown, prompting a leading banking body to downgrade its forecasts for buy-to-let lending in 2017 and 2018. ...
House sales have fallen by nearly a third in some parts of UK, says Lloyds image
.... Lloyds said the average cost of moving home is £11,000 in England and Wales, rising to £31,000 in London. The long buy-to-let boom may also have fundamentally changed the dynamics of the property market. ...
Foreign investors snapping up London homes suitable for first-time buyers image
. Foreign investors are buying up thousands of homes suitable for first-time buyers in London, using them as buy-to-let investments and often holding them in offshore tax havens, research for the London mayor, Sadiq Khan, has revealed. ...
Advertisers should follow Vodafone's lead after Facebook and Google failures | Nils Pratley image
....Shawbrook is the challenger bank that has been a challenging investment at times for its shareholders. Floated at 290p in 2015, the shares fell as low at 130p a year ago after the referendum result – Brexit was deemed by the market to be unhelpful for UK buy-to-let lenders. ...
Yes, house prices are falling: but they probably won’t fall quickly image
.... While London prices reflect an international market, in towns and cities elsewhere they must be supported by local UK incomes, which are currently static at best. Crucially, we are also seeing the end of the buy-to-let landlord as the marginal buyer of virtually every new one- or two-bed flat to come on to the market. ...
Peer-to-peer lending promised 6%, but I’ve been left red-faced and in the red image
.... Kuflink has five deals listed on its site for periods of six and nine months, paying between 6% and 7%. Landbay It invests in buy-to-let mortgages with terms of up to 10 years. ...
Nationwide profits drop 18% as it shields savers from interest rate cuts image
....Competition in the mortgage market also dented profits. Nationwide is the UK’s second-largest mortgage lender and while its total mortgage lending rose 3%, its buy-to-let lending fell by 36% after last year’s move to toughen the terms on which it would lend to landlords. ...
Further signs of UK property slowdown in April image
Source : BBC [Read Article] Tuesday 23rd of May 2017 10:32:02 AM
...."Mortgage figures have nosedived following a strong first quarter, with every single region experiencing a notable slump in sales," said John Driscoll, director at Equifax Touchstone. "Government measures to cool buy-to-let property sales, including the phased cuts to mortgage interest tax relief which started on 1 April, have no doubt played a role in diminishing sales figures last month. ...
Buy-to-let millionaire who bans 'coloured' people faces legal action image
Source : Guardian [Read Article] Wednesday 17th of May 2017 02:20:13 PM
. The equality watchdog has begun formal legal action against buy-to-let mogul Fergus Wilson after he told his letting agent to ban “coloured” tenants because they left curry smells in his properties. ...
Buy-to-let slump after stamp duty change image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:57:25 AM
. Mortgage activity in the UK buy-to-let sector has halved since the introduction of a stamp duty surcharge, figures show. ...
How to be on the winning side as mortgage war hots up image
Source : Guardian [Read Article] Monday 15th of May 2017 06:00:37 AM
....”. In April, the first of a series of tax rises came in that increased costs for landlords with buy-to-let mortgages. ...
Surveyors predict 'flat summer' in housing market image
Source : BBC [Read Article] Wednesday 10th of May 2017 11:35:58 PM
....". He also said that tax changes for buy-to-let investors were likely to mean that rents will continue to rise faster than house prices, in the near future as well as further ahead. ...
Dropping UK house prices won't dent our confidence in buy-to-let image
Source : Independent [Read Article] Wednesday 10th of May 2017 09:59:46 AM
...
Related to :
London rents fall for first time since 2009 amid post-Brexit vote slowdown image
....The falls in London and the south-east followed many years in which rent increases have outstripped earnings, leaving many tenants in the capital handing over 50% to 60% of their take-home pay to landlords. Further declines in rent will put additional pressure on buy-to-let landlords to quit the market. ...
Buy a home, get a car free: offers galore as London estate agents struggle to sell image
.... Rents in London have fallen sharply, with new tenants in the capital typically paying almost £100 a month less than their counterparts a year ago. The average monthly rent in the capital dropped from £1,297 a year ago to £1,203 in March 2017, said Your Move, which publishes a regular buy-to-let index. ...
House prices fell again in April, Nationwide says image
Source : BBC [Read Article] Friday 28th of April 2017 07:25:06 AM
....". Last week, the Council of Mortgage Lenders (CML) said the UK's housing market was in "neutral gear", with a shift towards first-time buyer and remortgage customers, away from home movers and buy-to-let landlords. ...
London rents fall sharply as monthly bill drops across UK image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:03 AM
....Rents in London have fallen sharply, with new tenants in the capital typically paying almost £100 a month less than their counterparts a year ago, according to a major lettings agency. London has seen a “sharp fall” in rents over the last 12 months, with the average monthly amount paid dropping from £1,297 a year ago to £1,203 in March 2017, said Your Move, which publishes a regular buy-to-let index. ...
As first-time buyers, can we take out a buy-to-let mortgage? image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:00:09 AM
.... But that would work in your favour because your joint income of £40,000 would be taken into account, which would improve your chances of getting a mortgage of £140,000. However, as you are looking at a buy-to-let mortgage because you won’t be living in the property you buy, the answer could be, yes, your partner might be able to get a mortgage, but again it would have to be in joint names if you are to be joint owners of the property. ...
Santander chief warns on 'changeable' UK economy image
Source : BBC [Read Article] Wednesday 26th of April 2017 10:31:49 AM
....Santander UK's mortgage lending fell after withdrawing cheaper deals in the previous three-month period. First-quarter figures a year earlier were also flattered by a flurry of buy-to-let borrowers aiming to beat April's stamp duty increase for second homes. ...
Millions rethink their investment plans and move away from buy-to-let property image
Source : Daily Express [Read Article] Wednesday 26th of April 2017 12:01:00 AM
....Millions of ordinary people who hoped to buy a rental property to underpin their retirement income have been forced to rethink their plans. So is buy-to-let dead and if so, what are the alternatives?. ...
Asking prices for homes rise to record average of £313,655 image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
....Miles Shipside, director of Rightmove, said there were signs of a “strong spring market”, which should help to offset any jitters in the market before the general election on 8 June. The first-time buyer sector was driving the price increases, Rightmove said, after changes to previously generous tax rules deterred buy-to-let investors from competing for similar homes. ...
Low rates, tight margins: the mortgage market looks worryingly familiar image
....First-time buyers are snapping up these offers, probably in many cases with financial support from their parents, to gain their first foothold on the property ladder. A hole in the market has also been carved out for them: new rules imposed on buy-to-let landlords have removed many of the tax benefits they previously enjoyed, pushing them out of the market. ...
Buy-to-let slump puts first-time buyers in the driver’s seat image
Source : Guardian [Read Article] Saturday 22nd of April 2017 05:59:06 AM
....4bn, down 19% on the year before, almost entirely due to landlords withdrawing from the market. A double whammy of tighter Bank of England lending rules, which have forced banks and building societies to insist on greater rental cover and higher deposits, plus new taxes on rental income, has made buy-to-let far less financially attractive. ...
Record low rate signals mortgage battle image
Source : BBC [Read Article] Friday 21st of April 2017 09:48:53 AM
.... . The exception was a surge to 173,860 in March last year, ahead of the introduction of a 3% stamp duty surcharge on the purchase of any additional buy-to-let properties or second homes. ...
Yorkshire Building Society launches record low 0.89% mortgage rate image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:01:02 PM
....9bn but lower than the figure for March 2016. Mohammad Jamei, the CML’s senior economist, said there had been a shift in lending towards first-time buyer and remortgage customers in recent months, and away from home movers and buy-to-let landlords. ...
Tenant charged £835 … to scribble a new name on a contract image
Source : Guardian [Read Article] Saturday 15th of April 2017 06:00:17 AM
....1%) are supposed to ever save for a deposit to buy their home is entirely beyond me. Never has one generation (buy-to-let landlords) been more successful in stitching up another (today’s millennials). ...
Estate agents struggling to find homes to sell, says report image
Source : Guardian [Read Article] Wednesday 12th of April 2017 11:01:10 PM
.... Rics said an overall balance of 3% more surveyors saw a fall in agreed sales rather than an uplift last month. The decline in activity is in part caused by buy-to-let landlords deserting the market ahead of new taxes that began on 6 April. ...
Landlord tax changes come into effect TODAY: 'Renting will be more expensive', say critics image
....Shaun Church, director at Private Finance, said: “By hitting landlords’ profits, the changes may ultimately make it even more difficult for prospective first-time buyers to get on to the housing ladder. "With fewer landlords investing in new buy-to-let properties at a time of already restricted housing supply, and rental demand remaining high, this too could result in higher rents. ...
Tax relief cut doesn’t add up for landlords, plus Bank warns over consumer credit image
....Few fathers can afford to take shared parental leave, say campaigners. Mortgage tax relief cut doesn’t add up for buy-to-let landlords. ...
Inheritance tax rules changes 2017: Don’t get caught out – what it means for YOU image
....Estates valued at more than £2 million will have the RNRB tapered away. Properties left in trusts will not be eligible, nor will buy-to-let homes or other properties that are not a main residence. ...
The property billboards that reveal the truth about Britain’s luxury housing market image
.... In Salford Quays, the first of four 26-storey barcode-striped towers is fast rising out of the ground, but there is no marketing suite in sight. The 1,100-flat “X1” scheme is aimed specifically at buy-to-let investors who will likely never even visit, hence the build quality and the towers’ tacky grey livery in keeping with the Carbuncle Cup-winning MediaCityUK complex nearby. ...
Mortgage tax relief cut doesn’t add up for buy-to-let landlords image
Source : Guardian [Read Article] Saturday 1st of April 2017 06:00:17 AM
. Today will see two of buy-to-let landlord Jamie Brewis’s tenants – a couple in their 60s – having to move out of the bungalow that has been their home for the past four or so years. ...
There’s no dodging death – but inheritance tax relief could save £1m image
.... If the deceased owned more than one home, their personal representatives can nominate which one should qualify for the RNRB. Any property the dead person owned but never lived in, such as a buy-to-let or one in a discretionary trust, is not eligible. ...
UK banks asked to draw up plans to show they are prepared for Brexit image
Source : Guardian [Read Article] Monday 27th of March 2017 09:26:41 AM
....Last year banks had £19bn of impairments on credit cards, compared with £12bn on mortgage loans. Consumer credit now poses a greater risk than buy-to-let lending to landlords, which has cooled over the past year. ...
The death of the mortgage salesman is unfortunately premature image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:03 AM
....25%, which means they make a total of around £1,300 from you. On buy-to-let mortgages the commission rates paid by the banks and building societies are higher, usually around 0. ...
Is an Isa the best home for your nest egg? image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:03 AM
.... There are a host to choose from, but there is no protection if it all goes wrong and the lender defaults – although the rates are very attractive. LandlordInvest, which lets people invest in residential buy-to-let mortgages and bridging loans, is holding out the prospect of returns of up to 12%. ...
Do I need to fill out a tax return if I buy to let without a mortgage? image
Source : Guardian [Read Article] Thursday 23rd of March 2017 07:00:05 AM
.... It is highly likely you will be asked to fill in a self-assessment tax return, but you won’t have to do that until after the end of the tax year in which your sister started paying you rent. The fact that you won’t have a buy-to-let mortgage doesn’t make any difference to the requirement to register for self-assessment, nor does the fact that you plan to use the rent from your sister to pay part of your rent. ...
Eight tax changes savers should watch out for from April 2017 image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 01:47:00 PM
....       Tax hikes for landlords. Mr Cox said: “Under current rules anyone who has taken out a loan such as mortgage to purchase a buy-to-let property can deduct all of the interest paid on the loan from rental income in order to reduce their income tax liability. ...
Five-minute guide to…The resurgence of first-time buyers image
Source : Daily Express [Read Article] Sunday 19th of March 2017 12:01:00 AM
. They have been helped by record low mortgage rates, while competition from buy-to-let landlords has dipped following the Government’s tax onslaught. ...
Landlord tax: How to beat new buy-to-let charges coming in NEXT month  image
Source : Daily Express [Read Article] Friday 10th of March 2017 04:44:00 PM
....”It comes after investors were last year hit with an extra three per cent in stamp duty on second properties. Another option to avoid new charges is to invest in buy-to-let without directly owning property, through peer-to-peer (P2P) property companies such as Landbay and Lendinvest. ...
‘Our ability to save is non-existent’ – people respond to UK budget image
.... He runs his own property development company, Haverbridge Homes and, as a 45% rate taxpayer, will pay about £1,000 more tax on his company dividends as a result of the changes. Outside his business, he has invested in 21 buy-to-let properties, in and around his hometown of Upminster, Essex. ...
Buy-to-let landlords face huge tax increase from new law image
Source : Daily Express [Read Article] Sunday 5th of March 2017 12:01:00 AM
....Osborne also ditched rules allowing landlords to claim a 10 per cent tax break for “wear and tear”, only letting them deduct the costs they incur. Now buy-to-let could be blown away for good, hurting thousands of older savers who were planning to buy a rental property to bolster their pension income. ...
Seven things we already know will happen in the 2017 spring budget image
Source : Guardian [Read Article] Saturday 4th of March 2017 06:59:08 AM
....The benefit cap – the total amount you can claim – was reduced in November from £26,000 to £23,000 in London, with a cap of £13,400 for single adult households outside London without children. 6 Buy-to-let There are big and complex changes for people with buy-to-let mortgages in April, which for some will see their tax bill double or even triple. ...
UK house price growth at slowest rate in four years image
Source : Guardian [Read Article] Monday 20th of February 2017 07:01:30 AM
....”. Rightmove said the housing market was boosted in early 2016 by “frenzied” buy-to-let investors who rushed to complete transactions before new stamp duty rules were introduced in April, making this year look subdued by comparison. ...
A new Isa is offering tax-free returns of 12% – so what’s the catch? image
Source : Guardian [Read Article] Saturday 18th of February 2017 07:00:33 AM
....5% over five years. Others offering Isas include LandlordInvest, which lets people invest in residential buy-to-let mortgages and bridging loans, and is holding out the prospect of returns of “up to 12% per annum”; and LendingCrowd, which matches investors with small and medium-sized businesses seeking loans, and is offering a “target rate of return of 6% a year”. ...
Will we pay higher stamp duty on a buy-to-let property? image
Source : Guardian [Read Article] Thursday 16th of February 2017 11:10:19 AM
.... There is a mortgage on this property, which will be rented out once it has been renovated. We are thinking about jointly buying another buy-to-let house but won’t need a mortgage to do that. ...
New double whammy to hurt prudent older savers image
Source : Daily Express [Read Article] Tuesday 14th of February 2017 10:29:00 PM
....Buy-to-let fades . Many savers previously invested in a buy-to-let property but numbers are dwindling. ...
Government willing to admit UK housing market is
Source : Daily Express [Read Article] Sunday 12th of February 2017 12:01:00 AM
.... That is even faster than the anticipated 20 per cent rise in house prices. The only positive news for first-time buyers is that competition from buy-to-let landlords is shrinking, as the recent 3 per cent stamp duty surcharge on second home purchases has been deterring new investors. ...
Let the councils build homes again and fix our broken housing market image
Source : Guardian [Read Article] Saturday 11th of February 2017 07:00:09 AM
....5% to 2% interest. When private individuals borrow to do the same, with buy-to-let mortgages, they are praised for “investing for their future” and “securing their pension”. ...
‘We didn't even have room for a table’: meet the 30-somethings fleeing London image
....We spoke to three people in their 30s who have moved out of London, to find out what drove them to leave. We also spoke to a 36-year-old who is renting in London and, because she can’t afford to buy, is planning to purchase a buy-to-let flat in Dublin. ...
UK rents expected to rise faster than house prices in next five years image
Source : Guardian [Read Article] Thursday 9th of February 2017 12:01:07 AM
....Rics said there was a lack of new listings coming on to the lettings market for the fourth quarter in a row and its members expect this to worsen. The past few months have seen a number of buy-to-let investors sell up, including Britain’s biggest landlord, Fergus Wilson and his wife, Judith, who declared that the days of small buy-to-let landlords were numbered after the stamp duty increase last year and other tax changes, along with tougher mortgage rules. ...
If we’re going to tackle the evils of renting, at least do it properly | Penny Anderson image
.... One notorious Glaswegian letting agency compels tenants to sign and agree to annual rent rises (even when inflation and interest rates are low). Rent controls would also rein in building societies that insist buy-to-let rentiers charge at least 150% of their mortgage as rent. ...
I want to repay my Help to Buy loan in order to let my house image
Source : Guardian [Read Article] Thursday 2nd of February 2017 07:00:23 AM
.... If you want to let the house once you are free of the Help to Buy scheme rules, you will still need to convince your mortgage lender that this is a viable proposition. If, after repaying the equity loan, you end up with a mortgage of more than, say, 80% of the value of the property, letting it is unlikely to be an option because of lending rules on buy-to-let properties. ...
UK rental property demand falls to two-year low image
Source : Guardian [Read Article] Friday 27th of January 2017 03:41:12 PM
....Experts are divided on the outlook for rents in 2017. Many expect a slump in the buy-to-let market with lending criteria tightening ahead of the introduction of new taxes on the sector in April. ...
‘Barclays took my £440,000 and put me through hell’ image
Source : Guardian [Read Article] Sunday 22nd of January 2017 07:00:23 AM
....”. Rahman, who was left without use of his right arm after errors made during his birth, had been about to purchase a buy-to-let property when his account was frozen. ...
10 ways to cut your tax bill image
Source : Guardian [Read Article] Saturday 14th of January 2017 07:00:19 AM
....uk/marriage-allowance to claim. Meanwhile, given that everyone gets a personal tax allowance (the amount of income each of us can receive without paying any tax, currently £11,000) – it makes no sense for one person in a couple to pay tax on their savings or buy-to-let investment, particularly at a higher rate, while the other pays nothing. ...
Londoners need spaces to live, but also need places to make things | Ian Jack image
.... According to Helen Jones, a local property manager, the price of the typical two-room flat in the area has gone down from £700,000 to £650,000 or £625,000, and flats are slow to sell. The buy-to-let market has nearly vanished; the City may be about to shed thousands of highly paid jobs; £625,000 remains a stiff price for even a well-paid working couple. ...
House prices 2017 image
Source : BBC [Read Article] Monday 2nd of January 2017 11:30:29 PM
....Despite the drop in activity in London, the average house price in the capital is still £474,000, more than double the typical price of £217,000 in the UK as a whole, according to the latest official figures from the Office for National Statistics (ONS). The slowdown in central London is the result of the most significant change in the housing market in 2016 - a stamp duty surcharge on buy-to-let and second homes. ...
Happy new year? 2017 rings in more commuter misery and higher bills image
Source : Guardian [Read Article] Monday 2nd of January 2017 06:59:18 AM
.... Apple Mac users saw raised prices on machines in October as the technology giant updated the cost in line with the low exchange rate between the dollar and sterling. Former chancellor George Osborne announced in July 2015 a cut in tax relief on mortgage interest payments for buy-to-let landlords. ...
House price growth 'to slow in 2017' image
Source : BBC [Read Article] Wednesday 28th of December 2016 08:17:25 AM
....It said a weaker economy, combined with falling affordability, would lead to fewer house sales. The buy-to-let sector is also expected to cool further as new tax rules restrict landlords' profits. ...
Housing sales to fall in 2017, says CML image
Source : Guardian [Read Article] Thursday 15th of December 2016 11:55:23 AM
....Paul Smee, director-general of the CML, said: “The housing market is relatively well insulated from direct Brexit effects as most activity is driven domestically, but it is not immune from more generalised economic uncertainty. “And we expect any modest strengthening in homeowner lending to be offset by a less active house purchase market in buy-to-let, as both tax and regulatory changes bite on landlords. ...
Mortgage market to plateau until 2018, lenders warn image
Source : BBC [Read Article] Thursday 15th of December 2016 11:31:15 AM
.... . In particular, it expects that buy-to-let borrowing by landlords will shrink over the next couple of years. ...
Mortgage data points to slowdown in UK housing market in October image
Source : Guardian [Read Article] Wednesday 14th of December 2016 01:43:57 PM
....The housing market slowed down in October, with the number of mortgages granted to home movers down 20% on a year ago, according to data from the Council of Mortgage Lenders. There was also a fall in the buy-to-let market, where activity has been hit by tax changes. ...
House prices crash in London's richest areas - but surge in the East of England image
Source : Daily Express [Read Article] Tuesday 13th of December 2016 04:44:00 PM
....1 per cent month on month, the data showed. Experts said London's slowdown is down to the Government's higher stamp duty rates for buy-to-let investors and high value buyers. ...
Hard-pressed private tenants need a union to stand up for their rights | Penny Anderson image
....Landlords have the Residential Landlords Association yodelling loudly for their cause. More invidious for tenants are letting agents who vociferously defend buy-to-let investors’ interests, sometimes against the needs and rights of the tenants paying rent. ...
Buy to let: ‘We landlords are being vilified’ image
Source : Guardian [Read Article] Saturday 10th of December 2016 06:59:07 AM
.... Other landlords say that their effective tax bill will rise to 100%. As the buy-to-let market reels from last April’s stamp duty hike, and awaits the tightening of lending criteria starting in January and the steep increase in tax being phased in from next April, is the party over for Britain’s two million landlords?. ...
Days of the buy-to-let landlord are numbered, says Fergus Wilson image
Source : Guardian [Read Article] Friday 9th of December 2016 10:11:07 AM
. Britain’s biggest buy-to-let landlord, Fergus Wilson, says future investors will never be able to match the financial success he has enjoyed – and that landlords’ days in this country are numbered. ...
BREXIT BOOST: House prices strongest since April as low supply pushes up values  image
Source : Daily Express [Read Article] Thursday 8th of December 2016 04:27:00 PM
....Changes to the structure of stamp duty have made the tax more expensive for some people buying top-end homes, and there have been suggestions this has impacted on the London market in particular. Meanwhile, a stamp duty hike for buy-to-let investors, which was introduced in April, has also affected the market. ...
Housing market faces slow start to 2017, says Rics image
Source : BBC [Read Article] Thursday 8th of December 2016 12:23:27 AM
....Changes to the structure of stamp duty has hit the market for £1m-plus homes, particularly in London. A stamp duty surcharge for buy-to-let investors, which was introduced in April, has also affected the market as, said Rics, had uncertainty in the wider economy. ...
Home truths: house price rises to slow to trickle as Brexit and stamp duty hit image
....Ongoing uncertainty over the manner of the UK’s departure from the EU is likely to weigh down the property market in 2017, say experts, who predict little or no growth in prices amid a slowdown in sales. The Brexit referendum result and government measures to cool the buy-to-let market have hit the property market in 2016, and are expected to keep the lid on house prices next year too. ...
Stamp duty rise hits Berkeley Group demand image
Source : BBC [Read Article] Friday 2nd of December 2016 09:16:59 AM
....Housebuilder Berkeley has reported a 20% slump in reservations for its properties, blaming higher stamp duty for landlords and Brexit uncertainty. The firm said "the extraordinary attack on buy-to-let landlords" by the government had hit reservations. ...
FTSE 100 closes down ahead of Italian referendum image
Source : BBC [Read Article] Friday 2nd of December 2016 09:02:58 AM
....45% after the housebuilder posted a 34% rise in half-year profits. However, the company also said reservations were down 20% over the period, which it blamed on the higher stamp duty for buy-to-let landlords and uncertainty caused by the Brexit vote. ...

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