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  1. #1
    Join Date
    Jun 2005
    Location
    Auckland
    Posts
    5,086

    Default Overseas landlords shun the UK, as tax changes bite

    The proportion of foreign landlords owning property in the UK has fallen to a new low, according to the country's largest letting agent.

    Countrywide - which lets 90,000 properties - said just 5% of British homes now have overseas owners, compared with 12% in 2010.

    Foreign investors have previously been blamed for pushing up house prices.

    http://www.bbc.com/news/business-40608995
    DFTBA

  2. #2
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,359

    Default

    Not sure what to make of that story.

    Surely if over half the properties owned by foreigners had been sold to UK citizens in 7 years, there would have been some waves?
    Squadly dinky do!

  3. #3

    Default

    It does need data of what happened to those properties

  4. #4
    Join Date
    Apr 2016
    Posts
    2,343

    Default

    Based on this house of commons report LINK, that whole article looks like nonsense.


 

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