{"id":114129,"date":"2020-02-08T16:00:32","date_gmt":"2020-02-08T09:00:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-buy-to-let-boom-is-over-we-should-rejoice-patrick-collinson\/"},"modified":"2020-02-08T16:03:31","modified_gmt":"2020-02-08T09:03:31","slug":"britains-buy-to-let-boom-is-over-we-should-rejoice-patrick-collinson","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-buy-to-let-boom-is-over-we-should-rejoice-patrick-collinson\/","title":{"rendered":"Britain's buy-to-let boom is over – we should rejoice | Patrick Collinson"},"content":{"rendered":"


\nThe number of landlords with multiple properties is falling as cuts to tax relief biteThe two decades of fat, lazy profits made on the backs of squeezing as much rental cash as possible out of young adults while smugly sitting on vast unearned house price gains look to be over. This April the final phase of the tax changes on buy-to-let income comes into force, and the good news is that landlords are giving up on the game.HMRC data obtained by accountants Moore this week show that the number of buy-to-let landlords with multiple properties fell in 2017-18 to 157,000 from 159,000 the year before. The fall may be slight, but it\u2019s important, as it marks the first decline since the financial crisis. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Britain’s buy-to-let boom is over – we should rejoice | Patrick Collinson<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The number of landlords with multiple properties is falling as cuts to tax relief biteThe...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-114129","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tGN","jetpack-related-posts":[{"id":134937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lots-of-us-are-very-anxious-why-britains-buy-to-let-landlords-are-selling\/","url_meta":{"origin":114129,"position":0},"title":"\u2018Lots of us are very anxious\u2019: why Britain\u2019s buy-to-let landlords are selling","date":"February 24, 2023","format":false,"excerpt":"\r UK rent and rate rises plus tougher rules are fuelling a crisis for both tenants and owners\u2018Massive shock\u2019: the tenants facing eviction as landlords hike rent or sell upDesigner Philip Harris, 42, who has properties in south and east London, became a landlord by accident after meeting his now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1124,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/councils-responding-to-britains-housing-crisis-by-telling-tenants-to-stay-put-in-buy-to-let-properties-when-landlords-ask-them-to-leave\/","url_meta":{"origin":114129,"position":1},"title":"Councils responding to Britain's housing crisis by telling tenants to stay put in buy-to-let properties when landlords ask them to leave","date":"January 11, 2016","format":false,"excerpt":"\r Tenants have been advised to sit tight until they are evicted leaving landlords with hundreds of pounds of legal costs\r \r Source : telegraph.co.uk\r Read more...Councils responding to Britain's housing crisis by telling tenants to stay put in buy-to-let properties when landlords ask them to leave","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-we-landlords-are-being-vilified\/","url_meta":{"origin":114129,"position":2},"title":"Buy to let: \u2018We landlords are being vilified\u2019","date":"December 10, 2016","format":false,"excerpt":"\r With a lending crackdown and a massive tax hike due, many landlords could soon find themselves moving from profit to lossRob Hill is angry that his tax bill will go up \u00a33,000 from April. Chris Cooper is furious that his personal tax bill will nearly double. Other landlords say\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1817,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-next-for-buy-to-let-landlords-struggling-to-make-ends-meet\/","url_meta":{"origin":114129,"position":3},"title":"What next for buy-to-let landlords struggling to make ends meet?","date":"December 12, 2015","format":false,"excerpt":"\r Ajay Ahuja has made millions from investing in property \u2013 but now he\u2019s selling up. Will others follow suit as recent tax increases start to bite? We investigateMany of Britain\u2019s biggest buy-to-let landlords are planning to sell off their homes, blaming George Osborne for effectively raising their tax rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41394,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-property-supremo-shuts-door-on-housing-benefit-tenants\/","url_meta":{"origin":114129,"position":4},"title":"Buy-to-let property supremo shuts door on housing benefit tenants","date":"January 4, 2014","format":false,"excerpt":"\r One of Britain's best-known landlords, who owns nearly 1,000 homes, has sent out 200 eviction noticesOne of Britain's best-known landlords has issued eviction notices to every tenant who is on welfare, and told letting agents that he will not accept any more applicants who need housing benefit.Fergus Wilson, who\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-landlords-sell-up-properties-at-record-rates-ahead-of-anticipated-tax-hikes\/","url_meta":{"origin":114129,"position":5},"title":"London landlords sell up properties at record rates ahead of anticipated tax hikes","date":"September 5, 2024","format":false,"excerpt":"\r London landlords are selling up their buy-to-let properties at record rates as anticipated tax hikes add further pressure to the once lucrative investment sector.\r \r Source : cnbc.com\r Read more...London landlords sell up properties at record rates ahead of anticipated tax hikes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114129"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=114129"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114129\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}