Buy-to-let investors tops 1.75m
The number of buy-to-let investors in the market has increased by 7% over the last year which just goes to show that there is still a strong belief in this investment, in spite of recent tax changes. Although one needs to be careful with averages, Ludlowthompson have indicated that each investor is making around £8,114 a year, after costs.
Shortage of properties, low mortgage rates, high employment no doubt are all constituting this this growth because fundamentally this is a good business to be in. Now that investors are aware of the tax changes that can try and plan more effectively for the future, potentially buying properties within limited companies to ensure they can still offset all of their mortgage costs in the coming years.
Add capital growth to this equation and it’s not hard to see why people are still keen on buying property.
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