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Risk to renters as buy-to-let lending predicted to fall

BBC Business LogoBBC Business12h ago

Risk to renters as buy-to-let lending predicted to fall - BBC Business

Quick Summary:

Lenders' trade body UK Finance says the market is likely to be tough for landlords in 2025.

The Nationwide, the UK's biggest building society, said stamp duty changes for many buyers in England and Northern Ireland could create a volatile housing market in the first half of 2025.

But, in its latest annual forecast, it said extra stamp duty on the purchase of additional homes, as well as existing regulation and taxes would see activity shrink.


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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 11:54:23 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 546 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 24431557

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 5 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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