Almost half of UK landlords have changed their plans due to tax issues
New research from Simple Landlords has shown that 47% of UK landlords have changed their investment plans based on tax changes. Ranking as the number one concern amongst landlords are the changes to tax relief. Despite this, less than 10% of landlords intend to reduce the size of their portfolios as a result of the revised tax regime.
When tax changes are considered along with the stamp duty surcharge on second and successive homes, increasing regulation, and more stringent lending requirements from the PRA, then 2017 can certainly be viewed as a challenging year for landlords.
Full story available from PropertyWire: https://www.propertywire.com/news/uk/almost-half-landlords-uk-changes-plans-due-tax-issues/