This is Money are reporting that the recent holiday in Stamp Duty (SDLT) resulted in buy-to-let landlords coming into the market, but not in the numbers as was originally feared.
The article can be seen here, and says:
Britain’s landlords did not embrace the stamp duty holiday with fervour as feared, new research suggests.
The share of homes going to property investors edged up slightly, but not to the degree that some had suggested it would in a forecast rush to take advantage of lower tax rates.
In fact, buy-to-let investors completed tens of thousands fewer transactions than they did during a similar 15-month period in 2016 ahead of the extra 3 per cent surcharge on second and investment homes coming in, despite similar tax savings on offer.
The share of properties bought by landlords in the run-up to the tax holiday, which started in July 2020, was 11 per cent – and rose to 12 per cent during it, according to estate agent Hamptons International.
This was despite rents rising at their fastest pace for more than a decade in the year to July.
There were a total of 215,000 investor purchases across Britain between July 2020 and September 2021.
This was below the 242,400 purchases which were made during the 15-month run up to the introduction of the 3 per cent stamp duty surcharge for landlords on 1 April 2016.