Alpus Group
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Section 24 vs Your Portfolio | The Numbers Don't Lie
Alan Edwards explores the impact of Section 24 on landlords, focusing on tax liabilities for higher-rate taxpayers. With his extensive property sector experience, Alan breaks down the challenges landlords face due to this legislation. He discusses the pressures on landlords and explores options like selling, transferring, and repurposing properties. Alan introduces the ALPAS framework for strategic repositioning and compares income and value before and after changes. The episode also covers market trends, such as landlord exits and institutional demand, and discusses timing in strategic repositioning. It wraps up with contact information and a portfolio reevaluation offer.
Key Points
- Section 24 has drastically increased the tax burden on landlords by restricting mortgage interest relief, causing many to pay tax on income they haven't received.
- Rising interest rates, the Renters' Rights Act, and impending EPC upgrades are squeezing landlords from multiple fronts, making traditional buy-to-let investments less viable.
- Strategic repositioning of properties into specialized supported housing or HMOs can significantly increase rental income and property value, offering a more profitable alternative to selling under current market pressures.
Chapters
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| 1:09 | |
| 1:45 | |
| 3:40 | |
| 4:24 | |
| 5:49 | |
| 8:11 | |
| 9:25 | |
| 11:04 | |
| 11:29 |
Transcript
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