{"id":5930,"date":"2017-10-26T17:10:44","date_gmt":"2017-10-26T16:10:44","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=5930"},"modified":"2017-10-26T17:10:44","modified_gmt":"2017-10-26T16:10:44","slug":"how-to-beat-the-new-landlord-tax-mortgage-changes","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-us\/2017\/10\/26\/how-to-beat-the-new-landlord-tax-mortgage-changes\/","title":{"rendered":"How to beat the new landlord tax & mortgage changes"},"content":{"rendered":"
Major new lending restrictions and tax changes won\u2019t throw your investment strategy off course if you act now.<\/strong><\/p>\n Ex-Chancellor George Osborne made no bones about wanting to deter landlords in favour of first-time buyers and, to that end, his policies have arguably been successful.<\/p>\n Buy-to-let purchase lending<\/a> slumped 46% in the second quarter of 2016 after the 3% Stamp Duty surcharge was introduced, and it still hasn\u2019t fully recovered.<\/p>\n It\u2019s been a challenging few years<\/a> for landlords, as a raft of measures targeting the private rental sector have been introduced by Government and regulators.<\/p>\n The Stamp Duty surcharge<\/a> was a clear deterrent to portfolio expansion, Right to Rent checks added more paperwork and the tax relief changes are set to hit many landlords\u2019 profits.<\/p>\n Osborne may be long gone from the Cabinet but the changes keep coming.<\/p>\n The latest tightening of buy-to-let mortgage lending rules, introduced just weeks ago, could affect your ability to raise finance on your existing properties, remortgage or get a new loan to grow your portfolio.<\/p>\nTime to thrive<\/h4>\n