The New Stamp Duty Increase: Another Hurdle for Hayes Landlords – But Is It Really a Game-Changer?
Over the past eight years, landlords have faced a barrage of new regulations and tax changes. From the original 3% stamp duty surcharge introduced in 2016 to Section 24’s limitation on mortgage interest relief, the new Renters' Rights Act passing through parliament with its removal of Section 21, and recent reductions in capital gains tax allowances – it’s fair to say that buy-to-let (BTL) investors have been under relentless pressure.
Written by: Gurpreet Mahal Source: Simple Estate & Letting Agents in Hayes