Buy-to-let market in UK remains strong

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Economic uncertainty due to the Brexit vote and taxation changes appear to have had little impact on the UK’s buy-to-let market.

The Bank of Ireland’s Market Index claims that more than half of landlords (54%) think that the Brexit vote earlier this year will make no difference to their buy-to-let investments, and one in five (19%) believing that the vote to leave will actually bring benefits to their business.

Other stats from the study include the wish of 52% of homeowners to become landlords if they were able to afford it and 48% of people more likely to invest in buy-to-let due to the increasing demand for private rental property.

 

Full story available from What Mortgage: http://www.whatmortgage.co.uk/news/buy-to-let/uk-buy-let-market-remains-robust-despite-brexit-vote/

 

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