How will new Council Tax rules for holiday and second homes impact my buy-to-let portfolio, specifically regarding potential increases in holding costs or local market demand shifts?
Quick Answer
New Council Tax rules for second/holiday homes mean landlords face much higher premiums, directly increasing holding costs. This policy may shift local housing dynamics, reducing short-term rental profitability and boosting long-term demand for BTL properties.
About This Topic
Understand how new UK Council Tax rules for holiday and second homes impact BTL landlords, increasing holding costs and shifting local market dynamics.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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