The Buy-to-let market off to a promising start in 2017

After figures declining through the winter months, we saw that purchase activity was at an eight-month low, but as the CML itself said, there is always a winter lull.  However, in recent buy to let statistics released by the CML, they show how the BTL market has shifted, and is reshaping itself, even more so since the extra 3% stamp duty charge has come in to play and Landlords have acted earlier to avoid the increase in costs. But the statistics are clear that the current balance of power remains within the buy-to-let sector right now with remortgage activity in the dominion.

The market remains solid, and as IMLA statistics showed, the level of buy-to-let enquiries continue to increase.  The market is competitive, and appetite remains strong and it would seem landlords remain focused and determined.

You can read the full article published in Best Advice

Image Credit Ruffa Jane Reyes on Unsplash

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