The UK residential property industry as a whole has been facing a challenging time and buy to let in particular has seen a breath taking number of changes.
So it should be no surprise that the future of buy to let is currently a major topic in the industry and the subject of Property Wire’s latest panel debate which not only attracted four leading property experts but a room of people interested in finding out more.
Panellists Paul Mahoney of Nova Financial, Tony Gimple of Less Tax for Landlords, NLA rep and landlord Richard Blanco and Andy Wynne-Jones of Simple Landlords Insurance took on the questions of the moment.
Tax emerged as the key issue as landlords with mortgages now at the beginning of April 2017 face changes to tax relief on their payments. Tax is always a tough issue to grasp and also depends on the circumstances of the individual landlord and the size of portfolio and loans involved.