UK Property Experts Speak Out Over Government New Buy To Let Tax

The Government’s new tax changes will quite possibly bring an end to the heady easy-money days of Buy-To-Let investment, and landlords will have to work a lot harder to see the returns they expect on their investments. 2016 is shaping up to be a tough year for property investors of all kinds, so what can you do to minimise the negative impact of new tax and policy changes for your portfolio?

Property portal TheHouseShop.com have reached out to a number of property investment experts from across the industry to ask for their views on if property can still be profitable in 2016. From the BBC’s favourite property expert, Henry Pryor, to professional landlord, Vanessa Warwick, and investment specialist, Steve Bolton, the property investment experts look into their crystal balls and reveal the future of the market for 2016.

The Government’s new tax changes will quite possibly bring an end to the heady easy-money days of Buy-To-Let investment, and landlords will have to work a lot harder to see the returns they expect on their investments. 2016 is shaping up to be a tough year for property investors of all kinds, so what can you do to minimise the negative impact of new tax and policy changes for your portfolio?

The Director and Editor of a property investment website www.propertysecrets.net Daniel Peacock also added his opinion to the new chnages that will potentially damage UK landlords

He says - This kicks in from April 2016 and means buy to let investors will now pay an additional 3% stamp duty on any properties, from £40,000 upwards, compared to first time buyers/owner occupiers. This is an understandable government scheme to try to reduce the demand from buy to let investors and increase the chances of homeowners being able to buy

Fnd out what they had to say here