16^th Mar 2016

According to a crowd funding platform 59% of landlords are either going to sell some of their portfolio, or scrapping their plans to invest into new buy-to-let properties.

27% of the landlords, who took part in the survey, said they had no real idea of how the impending stamp duty increase and next year’s reduction of mortgage interest tax relief would affect them.

Dan Gandesha, chief executive of the crowd funding platform, said: “Landlords are deeply divided over how to respond to the government’s clampdown on buy-to-let.”

“A significant minority are desperately buying up available stock to beat the April stamp duty deadline, causing a surge in prices. Do these people really understand how the government’s tax changes will impact their profits?”


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