Wednesday, March 16, 2016
Landlords dodge stamp duty
Where there's a will ... Buy-to-let mortgage lending is booming ahead of the ChancellorÂ’s tax hike Â– with a soaring number of landlords reportedly using companies to flout the crackdown. Landlord loans rocketed by 22 per cent in January compared with the same month in 2015, as buyers rush to beat the forthcoming tax changes. At the same time property firms are reporting a huge rise in the numbers buying through companies in a bid to flout the new rules.