The End of BTL?
January 28th, 2017
Buy-to-let landlords are switching from residential to commercial property, says the Telegraph. Auctioneers say the imminent start of the new tax regime for residential BTL, which will severely cut net of tax returns, has prompted many landlords to look at shops, offices and industrial units. The rental yield is often higher and tenants pay many of the costs residential landlords have to fork out for, including insurance, repairs and rates. But capital growth is much less likely than in the residential market.