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BTL sales booming as landlords rush to benefit from stamp duty holiday


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The Guardian reports that BTL landlords made up 15% of agreed property purchases in November, the highest level since 2016; https://www.theguardian.com/business/2020/dec/14/buy-to-let-sales-boom-as-landlords-rush-to-benefit-from-stamp-duty-holiday

Naturally this has been linked to the temporary halting of stamp duty on properties up to £500,000, as well as pent up demand following the first lockdown. 

Perhaps most interesting is the fact that the most popular areas for investment in November were the North and Midlands - London didn't appear in the top ten.

Is anyone surprised by this news, or is it how you saw the end of the year playing out?

Mark Rocks
Community Builder and Content Writer

www.propertyhub.net

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