Waiting has been the name of the game for property investors in 2018. Announcements of tax and regulatory reform have come thick and fast. But, to date, they have been confined to consultation.
Now, after a year in limbo, reform really is coming. The Government’s foreign buyers ban and letting fees ban recently came into force. The bright-line test was extended earlier in the year and now the Bill which will ring-fence rental tax losses has hit Parliament too.