If this were to happen then us BTL landlords would have to consider moving our properties into a property company you can be sure they'll think of that loophole and close it.If anyone seems to be doing well out of something, this government will clobber them with tax. Especially where there is a lot of attention and the rest of the public perceive the targets as 'rich' i.e. no coincidence that IR35 came in after all the rubbish in the press about computer contractors making £100's an hour over Y2K.If the interest relief were scrapped or significantly reduced, I would be forced to sell (as would many other I suspect). Not sure what sort of % drop would happen in house prices as a result but I expect it would be significant and would mean losses for anyone who had just purchased at a high LTV. cheers
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