Buy To Let Mortgages Going Forward

With the changes made by HMRC existing Landlords now have to take a long hard look at the future to see if their existing portfolio makes sense in the long term. With the changes coming into effect in 2020 in the manner in which tax relief is currently  calculated for mortgages payments being made, it would make more sense for any future purchases to be made via an SPV ( Limited Company ) We are also seeing a number of portfolio landlords starting to sell off parts of their portfolio and diversify into Holiday Lets using the SPV route. This brings more of a balance to the portfolio income with the tax advantages of using the SPV. Some of our lenders have already seen the slight change in the market and are now encouraging Holiday Let properties which are attracting a high income stream and will be seen as a very positive purchase for  new  and existing landlords.

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