The Buy-To-Let Property Market Bounces Back After Brexit

The-buy-to-let property market is staging an effective fight back against the efforts put in by the government to rein it in. The number of the buy-to-letproperty for sale being listed online is increasing day by day. Purchasing inquiries from potential buy-to-let investors are also increasing significantly. As a result of it, the property investment opportunities in London increased at least by 6% or more in the three months prior to October 2016. This rise was even more pronounced in London where investment properties for sale increased almost by 15% year by year. Such increase follows a massive rush of investors seeking out investment opportunities in the buy-to-let property market ahead of the imposition of increased stamp duty on buy-to-let properties during April 2016. According to The buy2let Shop reviews provided by market experts after thorough market analysis, investors are willing to invest in the buy-to-let property market more so than before. Moreover, purchasing inquiries have also gone up by at least 30% since May 2016.

Stamp Duty Switch Will Help First Time Investors in the Capital Save an Average £13,170

Property investment opportunities are hitting the market way too late. Apart from Brexit and many other factors, stamp duty hike should be credited for this. This is certainly proving to be slightly expensive at least for the first time buy-to-let property investors. However, the YBS (Yorkshire Building Society) has been calling on the UK government for transforming the stamp duty regime for some time. According to the propertyagents in London, this welcome move will help them switch the burden of duty entirely from 225,000 new buyers to sellers. A recently conducted research in this regard suggests that the first time buy-to-let property buyers will be able to save an average of £3,790 because of this stamp duty reform. Some of the experienced buy-to-let property investment experts or agents are estimating savings on this stamp duty reform even greater in London. According to The buy2let shop reviews, stamp duty switched from buyers to sellers will help a wise first time buy-to-let investor save at least £13,170. A lot of property seminars inLondon are being conducted to help first time investors gain full advantage of this profitable opportunity of this situation.