Friday, 16 December 2016

Government Tax Changes Set To Impact On Buy-To-Let Landlords

Almost half (49%) of landlords own all of their properties outright, with no mortgage debt at all, according to new research. The research broadly finds that private sector individual landlords are adopting an “even keel” mentality with around half of the 2,500 landlords surveyed having no mortgage debt at all. But buy-to-let landlords typically hold larger and more valuable portfolios than other landlords, and 47% of the rented properties in the survey were backed by a buy-to-let mortgage. Some 62% of landlords own only a single rented property, with buy-to-let landlords more likely to have a multi-property portfolio than other landlords. Read more on the CML website.

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