<p>Interested to speak to brokers about Multiple Dwellings Relief abolition coming into force tomorrow.&nbsp;</p><ul><li>What impact, if any, may this have on the buy-to-let sector?&nbsp;</li><li>What should customers keep in mind about this change?&nbsp;</li></ul>

mortgages

Multiple Dwellings Relief abolition

Multiple dwellings relief (MDR) has been proven not to work, with HMRC saying there’s no evidence it has incentivised residential property investment or significantly improved rental housing supply. It has, however, given tax breaks on high valued properties to those who can afford to pay a bit extra. Therefore, it’s a progressive move to abolish this tax that only affects a few people.

Samuel Mather-Holgate

I have been working in financial services for twenty years. My specialism is later life advice, focusing on inheritance tax planning, pension advice and equity release. 

Multiple Dwellings Relief abolition

1 responses from the Newspage community
Copy all

Samuel Mather-Holgate

Independent Financial Adviser at Mather and Murray Financial

1 responses from the Newspage communityCopy all

1 responses from the Newspage community
Copy all