Landlord tax changes come into effect today: 'rents will rise'
Landlord tax changes come into effect today: 'rents will rise'"
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Shaun Church, director at Private Finance, said: “By hitting landlords’ profits, the changes may ultimately make it even more difficult for prospective first-time buyers to get on to the
housing ladder. "With fewer landlords investing in new buy-to-let properties at a time of already restricted housing supply, and rental demand remaining high, this too could result in
higher rents. “The only way of getting around the changes is to invest through a limited company. "However, there are fewer mortgages available to these types of investors, and they
typically come with much higher rates of interest."
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Landlord tax changes come into effect today: 'rents will rise'Shaun Church, director at Private Finance, said: “By hitting landlords’ profits, the changes may ultimately make it even...
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