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524310
registered interest false more like this
date less than 2016-06-09more like thismore than 2016-06-09
answering body
Department for Communities and Local Government more like this
answering dept id 7 more like this
answering dept short name Communities and Local Government more like this
answering dept sort name Communities and Local Government more like this
hansard heading Serco more like this
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask Her Majesty’s Government what evidence they have collected that buy-to-let investors and prospective residential owner-occupiers are in competition in the market for the same properties. more like this
tabling member printed
The Earl of Lytton more like this
uin HL581 more like this
answer
answer
is ministerial correction false remove filter
date of answer less than 2016-06-23more like thismore than 2016-06-23
answer text <p>Whilst private landlords are competing for properties in the same housing market as owner occupiers, the types and locations of properties that they prefer will not always be identical to owner occupiers. Recent research by the Bank of England – see <a href="https://bankunderground.co.uk/2015/07/21/five-facts-about-buy-to-let/" target="_blank">https://bankunderground.co.uk/2015/07/21/five-facts-about-buy-to-let/</a> - shows that buy to let investors have a greater tendency to purchase apartments and properties in London than owner occupiers.</p> more like this
answering member printed Baroness Williams of Trafford more like this
question first answered
less than 2016-06-23T14:19:52.693Zmore like thismore than 2016-06-23T14:19:52.693Z
answering member
4311
label Biography information for Baroness Williams of Trafford more like this
tabling member
1864
label Biography information for The Earl of Lytton more like this