Nearly three quarters of BTL investors of retirement age rely on BTL income
According to a survey carried out by Responsible Equity Release has found that 81% of landlords aged over 65 believed that their properties provided a vital boost to their retirement income, especially with low interest rates hammering retirees’ savings. However, the buy-to-let tax changes coming into force have left many pensioner landlords considering whether it’s worth holding onto their buy-to-lets at all. Four out of ten (41%) said although their buy-to-let property was a valuable income generator, they are now thinking seriously about selling it.
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