Number Of Buy-To-Let Landlords Reaches Record High Despite Tax Hike

The number of buy-to-let investors in the UK rose to a record high of 2.5 million in the latest tax year, new research shows. The increase of 5 per cent on the previous year comes despite the introduction of a host of extra taxes and regulations on the sector. In recent years, the government has brought in a 3 per cent Stamp Duty levy, new stress tests for home loans, and ended mortgage interest tax relief. The number of landlords has increased 27 per cent in the past five years, up from 1.97 million in 2011-12. Read more on the Independent website.

https://www.independent.co.uk/news/business/news/housing-market-buytolet-landlords-investors-record-high-despite-tax-hike-stamp-duty-a8292146.html