Why Buy to Let landlords will be hit hard by the Budget

Why Buy to Let landlords will be hit hard by the BudgetGeorge Osborne’s first Budget speech contained a nasty, and unexpected, surprise for many Buy to Let landlords. The change will push up the tax paid by thousands of property investors. So what is changing and how much will it cost you? Read on to find out. Many landlords borrow money to finance the purchase of their investment properties. Apart from the fact interest rates are currently extremely low; investors have been able to offset the interest they pay on Buy to ...

Summer Budget 2015: Winners and losers

Investment Sense Verdict_istock It is usually fairly straightforward to work out who has won and lost following a Budget. Not today. George Osborne’s first Budget since the election was so wide ranging, with hugely complex announcements, fully understanding who is better and worse off will take some time to work through. However, here are our early thoughts. Budget 2014: WinnersWinners The low paid The big rabbit from the hat was the introduction of the National Living Wage, which, ...

Summer Budget 2015: The headlines

Budget 2013 the headlinesThis was the first Budget since the General Election and without the Liberal Democrats involved it was always going to be interesting to see the direction George Osborne decided to take. We all knew the Chancellor needed to find large savings, but few expected the dramatic announcement he saved until the end of his speech. The economy & Government finances The economy grew by 3% in 2014, well above predictions. In 2015 the economy is predicted to grow by 2.4% and by 2.3% in 2016, driven by consumption and investment. The deficit ...