Buy-to-Let Booming:

Lending is booming in the buy-to-let sector according to new data just released, it’s hit the highest point since 2007. Lenders are reporting a massive surge of applications prior to the 1st April stamp duty increase deadline. Figures are showing lending in excess of £8bn from January of this year and this figure is likely to be much higher by the end of March.

The challenge is on:

It’s no secret that the buy-to-let market has had a tough time of it lately. Those operating in the sector have every right to feel somewhat put upon. The Government seem to have targeted this market on more than one occasion lately. The landlords have remained resilient and are doing everything they can to cope with the situation. Signs are the majority of new and existing landlords are very positive about the long term future.

Housing availability at new low:

The supply of available housing for sale has plunged to a new low while demand from buyers has surged in recent weeks. Housing supply is now at its lowest level in 14 years, according to the National Association of Estate Agents (NAEA).

Good rental strength:

Buy-to-let rents are growing strongly is areas outside London with an average overall increase last year of 5.8%. Rents grew the fastest in the South East at 7.2% but this was very closely followed by the Cambridgeshire area. Good returns were also seen from the Midlands and the trend continues into 2016 at 6.5%.

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Buy-to-Let Booming:

The challenge is on:

Housing availability at new low:

Good rental strength:

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