The end of BTL for new investors?

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Re: The end of BTL for new investors?

Post by Tokyo Sexwale @ Fri Nov 27, 2015 12:58 pm

Dirk wrote:
thekungfury wrote:Why would someone who already owns a property want to sell up due to these new SD rules? Makes no sense at all.

I assumed it was the changes to the tax rules on interest that was making him sell rather than SD

If anything it's his prediction of what it's going to do to house prices. The change in tax hasn't happened yet so why sell?
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Re: The end of BTL for new investors?

Post by Monty @ Fri Nov 27, 2015 1:00 pm

Is it the SD rules though, or the new (mortgage) tax rules that come in next year?
If he has several mortgaged properties, would he be trying to dispose of some of them?
Last edited by Monty on Fri Nov 27, 2015 1:01 pm, edited 1 time in total.
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