Buy-to-let investors take houses off the market quicker and spend less
BoE working paper examines BTL in the UK between 2009 and 2014
Buy-to-let (BTL) investors pay less than other buyers for equivalent properties in the UK, a BoE working paper has found, with the discount averaging 1%.
How much do investors pay for houses? by Philippe Bracke studies the behaviour of BTL investors using micro data over a five-year period (2009–14). The author classifies a BTL purchase as a transaction where a rental listing for the same property appears on the web within six months.
BTL properties sell fasterProperties purchased for BTL also
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