How will higher taxes on property income impact buy-to-let mortgage affordability criteria for new purchases in the UK?
Quick Answer
Higher taxes on property income will tighten BTL mortgage affordability by increasing the required rental coverage for stress tests, potentially reducing the maximum loan available for new purchases.
About This Topic
Discover how higher property taxes, like Section 24 and Corporation Tax, impact BTL mortgage affordability criteria for new UK purchases.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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