Property News · October 15, 2018

Investors move downmarket seeking juicier UK property returns


Battered by tax hikes, real estate investors are seeking out cheaper homes in the north of England that incur lower stamp duty and offer higher returns than properties in other parts of the country. If they’re buying at all.
The latest investment figures show that landlords spent 30 per cent less in the first half than in the same period in 2015, before the stamp-duty increases were announced, according to data compiled by Hamptons International. Declines in pricier areas, such as London…

Source : South China Morning Post
Read more…Investors move downmarket seeking juicier UK property returns

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