Buy-to-let Landlords Affected by Latest Budget Changes

In the latest Budget, tax relief available to private landlords on mortgage interest payments will be reduced from between 40% and 45% to the basic rate of tax, currently 20%, over a 4 year period from April 2017. What is the impact of this change for a landlord with one or more Buy-to-Let mortgages? Let’s consider an example of a landlord who has a rental income of £20,000 per an… Continue Reading