As a Landlord, the recent increase in mortgage interest rates has affected me to the point where I wonder if its worth doing anymore. On top of that, there are new proposed laws that if a rented property doesnt have an EPC rating of C and above, you will no longer be able to rent it out and run the risk of a £30,000 fine. Combine this with the new section 21 laws coming in and the fact that we are being taxed upon our turnover rather than our profit, I honestly wonder if the private rental sector is about to collapse, leaving local councils and the government to pick up the pieces and house all these people.
5 окт 2024
