Chancellor's U-Turn Does Not Stem Tide of Commitment

The JournalApril 01, 2006

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Summary


The U-turn by the Chancellor that blocked residential property investments being held as an asset class in a SIPP has had no discernable impact on the buy-to-let market, according to the latest quarterly review from the ARLA panel of mortgage lenders.

The review, carried out in February, shows that investment landlords expect to buy further investment properties in the next 12 months and they expect to hold their properties for an average of 17 years.

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Extract


Chancellor's U-Turn Does Not Stem Tide of Commitment

Speculation in rental property is shown to be virtually non- existent with a mere 1.1% of investment landlords expectin...

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