Home Buying Increase
- Posted Date 12/04/2017
- Posted Byadmin
Lending data from the Council of Mortage Lenders (CML) indicates buying activity has been on the up around 7 % month on since February. Data indicates that 2017 started strongly with home owners taking out more loans in the first two months of 2017 than any first months since 2006.
However buy to let is down due to the recent regulatory changes in the tax system and stamp duty rises. For further information on the current stamp duty rates please visit: Stamp Duty