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Third of landlords still unaware of industry tax changes

Almost a third of landlords surveyed by property crowdfunding platform Property Partner have little or no awareness of the raft of incoming rental sector tax changes.

The revelation comes ahead of today's budget and just two weeks before the 3% stamp duty surcharge on buy-to-let and second homes kicks in. 

According to the website's study, some 59% say they are shelving plans to make further investments in traditional buy-to-let, while the other 41% are committed to continuing to invest in buy-to-let properties.

“On the evidence of our research, landlords are deeply divided over how to respond to the government’s clampdown on buy-to-let,” says Dan Gandesha, Property Partner's chief executive.

The crowdfunding platform also announced this week that it has appointed an experienced industry figure as its head of institutional development.


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