IMLA has said the end of higher rate tax relief for buy-to-let landlords will limit the supply of rented properties and increase the rents for tenants.
House purchase loans were 9% lower for the month of August according to the CML as remortgage buyers reducing by the largest amount.
UK buy-to-let landlords are at risk to booms and busts that could magnify a housing market crash the Financial Policy Committee warns.
The booming buy-to-let market and ease investors can secure mortgage loans could undermine the UK economy when interest rates rise.
Data from the Nationwide building society show a slight fall in house prices in May while cash buyers represent four out of ten purchases.
The value of landlord property near the £1 trillion level with income of £112 billion as the buy-to-let sector continues to grow.
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