Paul Smee

facebook_page
twitter_page

Last quote by Paul Smee

Following the distortion of the stamp duty change on second properties last year, we expected a slight recovery in lending levels. However, this has not materialised, and we therefore have lowered our forecast for buy-to-let lending this year and next.feedback
share this quote
Jun 22 2017
Buy-to-let had a weak start to 2017, and the sector's contribution to overall net mortgage lending has fallen considerably over the last year. While falling mortgage interest rates have helped support borrowing, tax and prudential measures are exerting pressure on the buy-to-let market. Following the distortion of the stamp duty change on second properties last year, we expected a slight recovery in lending levels. However, this has not materialised, and we therefore have lowered our forecast for buy-to-let lending this year and next.” said Paul Smee on this article: Landlords cut back borrowing as higher stamp duty bites. This page contains 2 articles quoting Paul Smee. Main topics on which Paul Smee is quoted are FCA and opportunity. In addition you’ll find 3 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
Automatically powered by Storyzy
Take our quote verification challenge and find out !

Quotes by Paul Smee

<
>
Quote Verifier
verify-icon
Check if the quote you read on social networks is authentic
facebook_page
twitter_page
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided
 
Feedback×

Quote :

Mistake :

Comments :