Often referred to as “its own country”, in recent years London´s widening property price gap relative to the rest of the UK has been fuelled by a range of supply-led influences, a historically low interest rate environment and speculatively led exuberance by foreign buyers. A noticeable peak was observed during the first quarter of 2016 prior to the increased stamp duty obligation on additional property purchases.  What followed, however, were clear signs of investors taking a more risk aversive approach in response to what many perceived as a “toppy” marketplace.  In addition to the post-Brexit repercussions, that will arguably take some time to filter into the market, the buy to let sector looks set to face its own operational difficulties under stricter regulatory frameworks, higher barriers to entry and the restrictions on mortgage interest tax relief (as a result of the so-called... [Read More]