Posts Tagged ‘Buy to let Mortgages’

CGT rise could hit buy to let owners

Friday, February 26th, 2010

Hints of a possible rise in Capital Gains Tax have provoked a flurry of selling of buy to let properties, which are currently subject to CGT at 18%. Any increase would take effect from April 6th.

Good news for buy to let mortgage holders as FSA extends powers

Thursday, November 26th, 2009

Regulation of the buy to let mortgages sector is to be added to the remit of the Financial Services Authority, in a move announced by the Treasury this week.

The Financial Services Authority is also to regulate third parties who buy mortgages from lenders, to provide additional security to mortgage borrowers.

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