The UK’s average property value is currently £167,953, according to the Halifax’s latest survey.
It is probably fair to say that every landlord owns at least two properties, their own home plus at least one buy to let property. Therefore, excluding any other assets or life insurance policies, their assets are likely to exceed the £325,000 nil rate band for Inheritance Tax (IHT). Continue reading Landlords could be lining the Tax Mans coffers if they live through the next property cycle. Born free taxed to death? This needn’t be the case for readers of Landlord News