BUYING AND SELLING ▲ IT STILL PAYS TO INVEST IN PROPERTY TAX CHANGES HAVE LED MANY TO SHY AWAY FROM BUY-TO-LET. BUT INVESTING IN BRICKS AND MORTAR CAN REAP REWARDS ALL THE SAME - IF YOU CHOOSE WISELY P roperty has always been favoured by investors for generating a steady stream of income while offering the potential for huge capital gains as prices rise. But for most ordinary savers, recent changes to the buy-to-let tax rules, hikes in stamp duty and tighter lending criteria have made investing in property less attractive. In April last year, a 3% stamp duty surcharge came into force on all purchases of buy-to-let property. The withdrawal of mortgage-interest tax relief is being phased in over three years beginning from this April, a change that will wipe out a chunk of many investors' profits. Less generous wear-and-tear allowances for landlords are also being introduced. > www.athomemagazine.co.uk MAY 2017 | 053http://www.athomemagazine.co.uk