Behind closed doors
Stat of the Month
Given lower demand from landlords to buy properties due to the extra 3% stamp duty tax introduced last year, perhaps surprisingly the number of homes bought, done up and sold on – or flipped - is up. However, it looks like there’s an element of would-be landlords choosing to buy homes to do up and sell on instead. Or perhaps with less competition from landlords there’s now more opportunity for the small-scale developer instead.