Landlords Warn Rent Hike Is Coming


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More than one million landlords in the UK are warning that they will hike their rents over the coming year in a bid to beat a tax crackdown, according to research.

That’s because from next April, buy to let investors will see the tax relief they can claim on their mortgage interest falling to 20% from 45%.

These changes will be phased in over the coming five years and will lead to many buy to let properties becoming less profitable for those landlords with a mortgage.

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