Buy to let landlords break to buy more.
The government have said the buy to let landlords should receive tax breaks as part of a drive to increase the amount of homes up for rent.
The government are pushing to relieve landlords from stamp duty or capital gain tax to encourage more let buying.
It has also been noted that the buy to let landlords are considered amateurs, due to this people should be able to buy properties to rent, getting a buy to let mortgage.
At the current time it would also be a good aspect to have clauses to protect tenants if a repossession order is placed on a landlord thus protecting the tenants from homelessness.
There is estimated to be between 300,000 and 500,000 buy to let landlords that own a few properties, making up 17 of mortgages in the UK.
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October 27th 2008
- Rental market more accessible to landlords
- Countdown 4 days to go to get an EPC
- Landlords receives large fines
- UK rental market to thrive during the economic downturn
- Landlords warned of new law to speed up repossessions
- National Landlord Association passes 35 year milestone
- Agents open lettings offices to stay afloat
- Mortgage brokers look to professional investors to keep the mood upbeat
- Booming Rental Market
- Student lets head the buy to let market
- Bradford and Bingley collect rent direct
- Bradford
