Reform of tax relief on buy-to-let residential mortgage interest was a surprise in the 2015 summer Budget and the latest instalment of changes came in last month. Rhys Edwards explains the implications of the move to the new system for buy-to-let landlords.
The new rules around buy to let income come into force in 2017. These impending changes will affect all rental investors to varying degrees. Understanding the impact and making any necessary changes now could help to reduce the financial consequences.