BTL tax change calls 'ill-considered' - Assetz

Law says recent proposals from the Chartered Institute of Housing (CIH) and the Institute of Directors (IOD) have been ‘ill considered’ and would have a detrimental effect on the UK housing market. “We have recently witnessed a flurry of rather ill considered opinions and proposals for a change in legislation, many from organisations who should know better,” he says. Recently, Paul Diggory, president of the CIH, supported the view that buy-to-let investors have priced first time buyers out of the market and have been a factor in the affordable housing crisis. He also supports the removal...