Buy-to-let deal count reaches 10-year high

Ryan Bembridge

September 11, 2017

The number of buy-to-let products on the market have risen to 1,725 in September 2017 – the highest number since December 2009.

Comparatively there were just 1,339 products in September last year – as the number of limited company products have increased in response to strong demand.

Charlotte Nelson, finance expert at Moneyfacts, said: “The BTL market has had an understandably bumpy ride of late, considering all the regulation and tax changes it has had to contend with.

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“Despite this, the market seems to be buoyant, with the number of available products reaching its highest point since the 1,942 products that were recorded in December 2007, almost a decade ago.

“The market has clearly recovered from the tougher affordability rules that were put in place on 1 January, when it saw a dramatic drop in the number of products available to landlords.

“Since then, the number of deals on offer has gone from strength to strength, culminating in a rise of 7%, the highest month-on-month growth Moneyfacts has seen in 2017.”

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