Monday, 28 March 2011

Tonic for buy-to-let market

The buy-to-let market received a boost this week after the government announced it would cut the tax cost of buying multiple residential properties, potentially unlocking £7.5bn of investment into the private rented sector.

Property experts said the change would encourage more professional landlords and larger institutional investors to build up their portfolios, increasing the supply of private rented houses to the market.

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