The Chancellors recent changes to the buy-to-let rules and taxation have caused landlords to rush to incorporate. According to the recent figures release over 25% of all buy-to-let mortgage applications are for limited company funding. Across the whole buy-to-let market the survey predicts that in excess of 56,000 buy-to-let loans will be issued to limited companies in 2016. In 2015 to date 42,000 loans have been granted and in 2014 that figure stood at 28,000, so as we can see landlords are changing very quickly to the limited company route. The Chancellor has trained his sights on the buy-to-let market given this sectors rapid rise in value. The rush for landlords to put properties inside a limited company will be sustained, especially if larger scale investors are indeed exempt from the new stamp duty surcharge. Secondly, the buy-to-let market will see activity hit overdrive between now and April 2016 as landlords seek to beat the stamp duty deadline. These are very testing times ahead for new and existing landlords but the mood remains positive. Property values in the UK continue to rise annually and this alone gives great encouragement to the investor. Need some help? With all the changes taking place it is vital to get the correct advice. We have fully trained and qualified advisers waiting to assist you.
