Owning your own home

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Howard

The usual BTL model of the renter paying off the owners mortgage for them and covering costs/tax/etc is not.

Eh?

I mean you need massive state intervention if you basically say 'if you BTL you cannot earn a yield'.

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8b in reply to @Howard

this will be the case for many in the not too distant future. Lots of Interest only over leveraged Landlords out there who soon can't claim their interest payments as an expense.

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Howard in reply to @8b

I'm not sure if it's many. Would be good to know the actual numbers of Landlords who aren't doing things through a LTD who are potentially going to be in trouble.

I have a sneaking suspicion it's not that many in the great scheme of things.
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hippy in reply to @8b

can't claim their interest payments as an expense.

Didn't they already stop that a couple of years ago?

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