Next year is likely to be a challenging time for buy-to-let landlords in the UK and perhaps even tougher than 2016, following a raft of anti-landlords changes introduced by the government, and yet for many people buy-to-let continues to look an attractive income investment at a time of low saving rates and stock market volatility.
Despite the introduction of higher stamp duty purchasing costs, the scrapping of the ‘wear and tear’ allowance, the pending removal of landlords’ mortgage interest tax relief from next year, and the fact that the average rental yield in the UK has eased slightly, investors continue to be drawn to the buy-to-let market as the returns routinely outperform those of other investments.
Whatever happens in 2017, we will continue to keep you up-to-date with all the latest news, views and trends across the private rented sector.
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