UK BTL RMBS booms as end of Stamp Duty break nears

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By Tom Brown
22 Feb 2021

The UK RMBS market is awash with deals from non-bank lenders who have seen a boost to their origination when the government raised the 0% threshold on its Stamp Duty and Land Tax on residential mortgages last July. The end of the tax break is close, although some anticipate it will be extended.

The end of the Stamp Duty Land Tax (SDLT) holiday on March 31 may well put a dent in UK BTL origination for the rest of 2021. Sources expect it will also take some heat out of the wider UK RMBS market too. 

But mortgage originators are eyeing the UK ...

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