Some 37% of landlords surveyed by The Landlord Works, part of Nationwide, say they have considered selling rental properties as a result of buy-to-let tax changes introduced in 2016. The research found that more than a quarter of landlords with larger portfolios of 20 or more buy-to-lets had already sold one or more properties to lessen the tax impact. For landlords with between two and five properties, it said 13% had sold in order to minimise the tax burden. Nearly 80% of landlords feel the changes unfairly punish them, according to the research, with a similar number saying there should be more support for landlords following the pandemic.
Daily Mail
Comments