Tax changes will hit buy-to-let lenders

‘Analysts at Barclays have warned that limits on tax relief for landlords could be a serious blow to specialist buy-to-let lenders as the changes in the emergency Budget undermine some investors’ income. “Potentially this move could significantly reduce the post-tax income a landlord can make from their buy-to-let activity. This could have negative consequences for buy-to-let lenders such as OneSavings Bank and Paragon in our coverage,” said Barclays analyst Daniel Garrod.

Source: The Daily Telegraph

Do we detect the merest hint of schadenfreude in Barclays’ comments? Not nice, Mr Garrod: play nicely with the other bankers. For more on the budget changes and their effect on property investors, take a look at our recent briefing.

NICOLA HALL

BILSHAN MENSAH

Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.

ELANA DIMMER

Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.

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