Think twice before you Buy to Let

The Government have imposed new rules on property investors. An additional 3% stamp duty, removal of the wear and tear allowance, restrictions on offsetting mortgage interest against your income tax on profits all result in property investors paying more tax – it is likely the tax take will increase over time.

So, before you buy to let, do the maths – is it really as good an investment as it seems? and remember that you are dealing with other people (tenants, co-owners, neighbours) who can make your life very stressful.