Private Rented Housing

(asked on 12th September 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of homes bought as buy to let in January to June (a) 2016 and (b) 2017.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 9th October 2017

Data from UK Finance shows that the number of UK homes bought as buy-to-let between January and June 2016 was 63,800, and the number of UK homes bought as buy-to-let between January and June 2017 was 36,300.

A significant increase in buy-to-let transaction volumes occurred in March 2016. This preceded changes to Stamp Duty Land Tax, which introduced a 3% surcharge on purchases of Buy-to-Let properties.

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