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Increase in mortgage borrowing

Posted by Mary.Wilkins - 29/04/2016 11:53:12

The best way to modernise a Victorian home?

In March 2016 the figures show that mortgage borrowing has increased to its highest level in 8 years.  The new stamp duty rules meant there was a rush of buy-to-let investors and buyers of second homes who completed their sales and beat the increase in stamp duty.

The rise of 3% to all property bands for non-owner occupiers was announced in November’s Autumn Statement.

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