Business · Companies · 1 hr ago

Landlords fear Budget tax changes could force them to sell

Landlords fear Budget tax changes could force them to sell

For years, millions have used buy-to-let to support retirement by earning income from rented properties.

Now, some landlords say the latest Budget tax changes could force them to sell.

They describe themselves as hard-pressed and fear the changes will be the final straw.

The concerns involve landlords who rely on rental property income, but no specific tax measures are given.

Experts say there are ways to boost profits, though those methods are not detailed here.

Whether landlords sell or find ways to raise returns remains unclear.

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What people are saying

Unnamed landlordBuy-to-let property investor
Buy-to-let was my retirement plan - now I'm being forced to sell up
via This is Money (Daily Mail)