Landlords still account for 10.7% of home purchases despite a 5% stamp duty surcharge on buy-to-let properties.

Despite a 5% stamp duty surcharge on buy-to-let properties, landlords are still active, accounting for 10.7% of home purchases in November, slightly above the year's average of 10.2%. This activity is particularly strong in the Midlands and Northern England, where the tax impact is less severe. Meanwhile, rental growth has slowed to its lowest in four years, with the fastest increases in Scotland and the North of England.

3 months ago
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