No longer lords of the land
The recession and the property downturn have contributed to the pressures landlords are facing, but help is at hand
The buy-to-let investment market has been decimated by the recession and landlords are grappling with the financial consequences. The difficulties they face have also been compounded by increased government levies and taxes.
Previously they were enticed to invest by the government with hefty tax reliefs - such as Section 23 and Section 50 tax incentive properties - but now landlords are dealing with increased taxes, following a series of measures introduced in recent budgets.
And it is...
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