Mortgage Strategy - Feature: The year in review
Mortgage Strategy's article looking back on an eventful year in the mortgage industry, plus the experts’ predictions for 2018.
Trinity Financial's Aaron Strutt told Mortgage Strategy: “The Prudential Regulation Authority’s buy-to-let changes, coupled with the tax changes, have hit the market hard, and the reduction in business has been quite incredible.
“Lenders were reporting huge drops in buy-to-let business and many brokers have seen massive reductions in the residential/buy-to-let split. We still speak to clients who want to purchase investment properties, but nowhere near as many.”