Kay & Co comments on BtL, Non Dom and IHT

Martin Bikhit, Managing Director of Kay & Co: “The Chancellor's intention to restrict mortgage interest relief on residential property to the basic rate of income tax from April 2017, phased in over 4 years, is likely to make the rental market less attractive to buy-to-let investors in a market where an increasing number of people rent homes, which made push up rent for tenants as supply decreases.”

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