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Skandia predicts exodus of buy-to-let investors

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  • Skandia predicts exodus of buy-to-let investors

    Investment company, Skandia, is predicting that the UK private rented sector will shrink by around two-thirds over the coming years, as landlords abandon the market.The firm expects the value of buy-to-let mortgages to fall from its end 2007 level of £120 billion, to £44 billion, as buy-to-let investors withdraw their equity.The exodus will be driven [...]

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