Property, long seen by British investors as a sure thing, has lost some of its shine in the past two years. Fuelled by huge capital growth, those who would tell you a buy-to-let is the best investment have not been hard to find.
A series of punitive changes to stamp duty and tax relief have cracked down on the sector and dampened interest among would-be landlords.
According to figures from UK Finance, the banking trade body, 5,600 new buy-to-let mortgages were issued in January, a decline of 5pc from the previous year.
- Reader Service: Get the best deal on your mortgage by comparing mortgage deals with our partners L & C
Shaun Church, of brokers Private Finance, said the proportion of their...