The Mortgage Works have created a Buy to Let Tax Change calculator
- Existing higher rate tax payers (40% and 45%)
- Landlords with marginal rental cover (high mortgage costs relative to rental income)
- Tax payers moving into the higher rate tax band as a result of the changes
- Landlords with strong rental cover
Lower rate tax payers remaining in the same band and unencumbered landlords are unaffected.[embeddoc url=”https://searchlightfinance.co.uk/wp-content/uploads/2017/02/TMW-Buy-to-Let-Tax-Change-Calculator.xlsx” download=”all” viewer=”microsoft”]
For advice on BTL mortgages contact us now with your requirements.