{"id":52584,"date":"2017-04-22T12:59:06","date_gmt":"2017-04-22T05:59:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-slump-puts-first-time-buyers-in-the-drivers-seat\/"},"modified":"2017-04-22T13:08:50","modified_gmt":"2017-04-22T06:08:50","slug":"buy-to-let-slump-puts-first-time-buyers-in-the-drivers-seat","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-slump-puts-first-time-buyers-in-the-drivers-seat\/","title":{"rendered":"Buy-to-let slump puts first-time buyers in the driver\u2019s seat"},"content":{"rendered":"


\nLenders report 42% fall in loans to landlords as tax changes begin to biteBuy-to-let landlords are finally in retreat in the housing market, leaving young adults in a better position to buy a property, according to the latest data from mortgage lenders.The Council of Mortgage Lenders said lending in March was \u00a321.4bn, down 19% on the year before, almost entirely due to landlords withdrawing from the market. A double whammy of tighter Bank of England lending rules, which have forced banks and building societies to insist on greater rental cover and higher deposits, plus new taxes on rental income, has made buy-to-let far less financially attractive. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Buy-to-let slump puts first-time buyers in the driver\u2019s seat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lenders report 42% fall in loans to landlords as tax changes begin to biteBuy-to-let landlords...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-52584","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-dG8","jetpack-related-posts":[{"id":5186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/booming-buy-to-let-puts-112bn-in-pockets-of-british-landlords\/","url_meta":{"origin":52584,"position":0},"title":"Booming buy-to-let puts \u00a3112bn in pockets of British landlords","date":"May 29, 2015","format":false,"excerpt":"\r Rental income is worth almost \u00a34bn a month nationwide as the sector\u2019s popularity for investment continues to increase, locking out first-time buyersBritish landlords earned \u00a3112bn from capital gains and rental income last year, in the latest example of the booming buy-to-let market.As would-be first-time buyers struggle to get a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-tightens-lending-criteria-for-buy-to-let-landlords\/","url_meta":{"origin":52584,"position":1},"title":"Nationwide tightens lending criteria for buy-to-let landlords","date":"April 29, 2016","format":false,"excerpt":"\r Building society\u2019s changes come as the Bank of England attempts to rein in buy-to-let lendingNationwide building society is tightening up its criteria for lending to buy-to-let landlords ahead of changes to how much tax relief they will be allowed to claim against their repayments.Landlords who take new loans from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7460,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-mortgage-lending-rockets-ahead-of-stamp-duty-rise\/","url_meta":{"origin":52584,"position":2},"title":"Buy-to-let mortgage lending rockets ahead of stamp duty rise","date":"March 10, 2016","format":false,"excerpt":"\r Council of Mortgage Lenders reports 22% rise in number of loans taken out by landlords in January as 1 April hike loomsThe number of buy-to-let mortgages rocketed by 22% in January compared with the same month in 2015, as landlords rushed to beat forthcoming tax changes.Around 9,500 loans were\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-uk-property-sales-fall-by-almost-50-in-a-year\/","url_meta":{"origin":52584,"position":3},"title":"Buy-to-let UK property sales fall by almost 50% in a year","date":"June 23, 2017","format":false,"excerpt":"\r Council of Mortgage Lenders downgrades forecasts saying landlords are withdrawing from market in response to tax changes and tighter lending rulesThe number of properties bought by landlords has almost halved in a year following a tax and regulatory clampdown, prompting a leading banking body to downgrade its forecasts for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-lending-up-60-ahead-of-stamp-duty-changes\/","url_meta":{"origin":52584,"position":4},"title":"Buy-to-let lending up 60% ahead of stamp duty changes","date":"April 13, 2016","format":false,"excerpt":"\r Council of Mortgage Lenders reports a near-50% increase in the number of buy-to-let loans taken out, with first-time buyer mortgages up by 11%Lending to buy-to-let investors rose by almost two-thirds in the 12 months to February, as some landlords took advantage of low interest rates to remortgage, while others\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lending-shakeup-could-push-up-cost-of-borrowing\/","url_meta":{"origin":52584,"position":5},"title":"Mortgage lending shakeup could push up cost of borrowing","date":"March 15, 2016","format":false,"excerpt":"\r New international rules likely to have negative consequences for buy-to-let borrowers and others, says trade groupMortgages for homeowners and buy-to-let landlords could become more expensive under new rules being imposed by international regulators, an industry trade body has warned.The Council of Mortgage Lenders (CML) said the global rules were\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52584"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=52584"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52584\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=52584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=52584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=52584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}