Tag Archives: Buy-to-let

Could the Buy-to-Let tax changes be the next pension crisis?

The National Landlords Association (NLA) has warned that the next pension crisis could be created by the impact of changes to the way buy-to-let properties are taxed, as many individuals are becoming increasingly reliant on funding their retirement through income generated by property. Recent figures suggest that around 77% of landlords rely on their residential property investment for when they retire, which equates to around 1.8 million people in the UK. Additionally, buy-to-let continues to be considered a safe way of saving for retirement, with 68% of people seeing it as a good way to plan for when they finish work. Continue reading