Landlords taking time to think

For the third month in a row independent economist Tony Alexander’s survey of mortgage brokers has revealed they are seeing fewer investors in the market.

Alexander says this is exactly what the Government wants – to stop investors from buying more properties through its continuing string of policy changes aimed explicitly at “dampening” demand for existing properties.

Of the 68 respondents in the survey only one reported seeing more investors, 54 said fewer, 12 said nothing had changed, and one had no view. In February the outcome was -5%, March -46%.

A general step back