The UK tax changes for landlords trigger lending surge

Radical changes to the tax for buy to let landlords in the UK have already triggered a surge in borrowing with the latest announced last week set to have a similar effect, a new report suggests. The changes announced in the Budget in the summer to lower the tax relief for mortgage interest payments for landlords from April 2017, has already caused an increase in the number of landlords seeking to create limited companies. According to the Buy to Let Britain report from specialist mortgage lender...