- 3 years ago
Ruth Alexander presents a programme looking at the business of buy to let, and its financial impact for landlords and tenants.
Low interest rates and rising property prices have caused a buy-to-let boom. The number of privately-rented households doubled in the last decade in England. There are now about four-and-a-half million. In the same period, buy-to-let mortgages have trebled.
But the Chancellor had a nasty surprise for landlords in his Budget. A tax change means you'll make ten per cent less from your buy-to-let in the future, if you are a higher rate taxpayer . That's according to the National Landlord's Association.
The programme speaks to a panel of experts.
Victoria Whitlock, buy to let investor and writer of the Evening Standard's "Accidental Landlord" columns. Marie Parris, lettings agent and founder and CEO of George Ellis Property Services; Seb Klier from the group, Generation Rent, which campaigns on behalf of tenants; and Louise Oliver, a certified financial plann