How will the stamp duty increase affect your property investment?
A poll by Rentify shows that 54.6% of buy-to-let landlords believe the 3% increase in stamp duty for buy-to-let investors was likely to affect the value of their investments. In addition it is reported that lending to limited companies has doubled to 5,000 a month since George Osborne’s budget announcement. Either buying properties in a limited company or considering whether or not you meet the tax relieving conditions that allow you to transfer an existing portfolio in to a company is certainly worth investigation. We are looking at this with many of our clients at the moment and there are many factors to take in to account to ensure you are taking longer term intentions in to account. It is a complex area but one we have experience helping with.
Date: 16th December, 2015
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