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John Keith
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It's not Brexit, or the lack thereof that is the cause of reduced numbers of buy-to-let mortgage applications, rather the constant attack on small portfolio landlords, through Section 24 tax changes where individuals are now taxed on turnover instead of profit, combined with council tax being charged per room on HMO's and taking away Section 21 rights to remove tenants. Once the government has driven away large numbers of landlords from the private rental sector, I hope they have a back-up plan to house all of these extra tenants, but I doubt it.
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From: John Keith
16 August 2019 10:30 AM