{"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>\n

Time to thrive<\/h4>\n

The good news is that landlords are far from beaten<\/a> by this slew of government policy.<\/p>\n

Some may have delayed expanding their portfolio, others are moving into the perceived shelter of a limited company structure, and a small number have exited the sector.<\/p>\n

But most are taking time to understand the new rules, adapting their strategy and thriving. That\u2019s because, despite the challenges, landlords are currently supported by robust fundamentals that make investing in property highly attractive.<\/p>\n

Rents are high, up 2.1% between August to September to a UK monthly average of \u00a3927, according to Homelet. Void periods are low, yields steady and tenant demand is outstripping supply.<\/p>\n

Buy-to-let mortgage rates are now at an all-time low, with two-year fixed rates at 2.86%, and the number of products on offer at a post-credit crunch high, according to Moneyfacts.<\/p>\n

There is still huge potential for those investing in property to let, but you can only win if you play by the new rules. Smart property investors do just that, by keeping up to date, adapting their long-term investment strategy and planning ahead.<\/p>\n

\"Tax

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Disclaimer <\/strong> Please note – This is not tax or mortgage advice, it is just a broad overview of the recent changes. Please consult a professional who can assist you with your personal circumstances and how these changes might effect you.<\/p>\n","protected":false},"excerpt":{"rendered":"

Major new lending restrictions and tax changes won\u2019t throw your investment strategy off course if you act now. 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. Buy-to-let purchase lending slumped 46% in the second quarter of 2016… Read more »<\/a><\/p>\n","protected":false},"author":723,"featured_media":5932,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4,26],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/5930"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/users\/723"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/comments?post=5930"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/5930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media\/5932"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media?parent=5930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/categories?post=5930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/tags?post=5930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}