Submitted by John Smale on Fri, 2015-08-21 13:17
The Times reports that buy-to-let investors likely to be affected by the government’s reforms to landlords' tax relief appear in no rush to sell up. It suggests one reason why landlords are refusing to panic is the evidence that demand for rented accommodation is growing. The latest rental index from Your Move and Reeds Rains shows that rents are now rising faster than house prices, up by more than 5% over the last year and hitting record highs in some locations. An upsurge in buy-to-let lending is still forecast, with Kensington Mortgages this week revealing an improved range of loans for landlords.
