Stamp Duty Increase won't deter us Moorlanders
The Staffordshire Moorlands buy-to-let market continues to boom despite a rise in stamp duty earlier this year.
A three per cent rise in stamp duty for buy-to-let properties at the start of April failed to deter Staffordshire property investors.
The Office for National Statistics confirmed an increase in property prices, and said that if London and the South East of England are taken out of the figures UK property prices have increased by 5.1 per cent. WOW!
Typically, investors are largely factoring it into their investment costs because they still feel that property delivers a solid return on investment compared to pensions and savings rates.
If you are considering purchasing a Buy to Let Investment, then please give Moorlands Lettings a call. Your investment is our investment.