What are the financial implications or potential costs for landlords and property companies associated with the Bank of England Levy?
Quick Answer
The Bank of England Levy is imposed on financial institutions, not directly on property investors. While investors do not pay the levy, it can indirectly affect them through potential changes to mortgage product availability and pricing.
About This Topic
The Bank of England Levy impacts banks, not landlords directly. Investors face indirect costs via mortgage rates (e.g., 5.0-6.5% BTL rates) rather than a direct levy payment.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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