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Buy to let: ‘We landlords are being vilified’

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
Calcaria
Posts: 22
Joined: November 7th, 2016, 5:21 pm

Buy to let: ‘We landlords are being vilified’

#14102

Postby Calcaria » December 11th, 2016, 12:12 pm

THE GUARDIAN

Buy to let: ‘We landlords are being vilified’
With a lending crackdown and a massive tax hike due, many landlords could soon find themselves moving from profit to loss
Patrick Collinson and Emma Lunn
https://www.theguardian.com/money/2016/ ... rofit-loss

Rob Hill is angry that his tax bill will go up £3,000 from April. Chris Cooper is furious that his personal tax bill will nearly double. Other landlords say that their effective tax bill will rise to 100%. As the buy-to-let market reels from last April’s stamp duty hike, and awaits the tightening of lending criteria starting in January and the steep increase in tax being phased in from next April, is the party over for Britain’s two million landlords? ...

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