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BTL tax changes are making portfolios less profitable – survey

Landlords’ portfolios are not generating the same income as they once were, as many are concerned about the future of the rental market, according to a new report from Simply Business.

The study of over 600 UK landlords found that one in three (33%) landlords said their properties are not as profitable due to the reduction of buy-to-let mortgage tax relief, which started in April 2017.

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