The death of buy-to-let?

The rise of the buy-to-let market has become an increasingly lucrative business source for Britain’s 2 million buy-to-let investors. With average yields between 5-10%, you can see why. Many property owners see this as a vital source of income both for their present incomes and their future income via pension plans. They often collect this income on top of their salaries. However, new Government proposals set out by the chancellor, George Osborne, are poised to hit private landlords hard. The Government proposes dramatic tax increases on profits (and even on…

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