Six months after the Bank of England introduced new rules relating to buy-to-let mortgages, 63 per cent of landlords who are aware of the changes have said it is now more difficult to obtain a mortgage, research from the National Landlords Association has revealed.
New research suggests that a growing number of UK landlords are considering downsizing their property portfolios this year.
Property owners are being reminded that the deadline for the five-yearly revaluation of any properties affected by the Annual Tax on Enveloped Dwellings (ATED) is fast-approaching.
Research published in recent days has revealed that HM Revenue & Customs (HMRC) is expecting to bring in a record £8.8 billion in Capital Gains Tax (CGT) this year – a tax which is paid on disposals of assets such as buy-to-let property.
In coming days, HM Revenue & Customs (HMRC) will update its guidance on Stamp Duty Land Tax (SDLT) amid concerns that home-buyers, landlords and estate agents are finding recent changes too confusing.