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  • Buy-to-Let

    UK one of worst countries in EU for BTL



    Taxes, stamp duty hikes and regulations have made the UK among the worst countries in Europe for buy-to-let investment.

    New analysis reported by the Daily Telegraph shows that over the past year Britain has dropped from 15th to 25th place in the league table of landlord friendly EU countries.

    Britain comes with the bottom five countries in Europe for landlords – only Austria, France, Croatia and Sweden perform worse.

    The decline in "landlord friendliness" is believed to be because of Section 24, the 3% stamp duty surcharge, and increasing regulation which is squeezing landlord margins.

    The newspaper is campaigning for the Government to cut stamp duty after a number of studies concluded that the tax is clogging up the housing market.

    Source article

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    Most of Europe have very different renting regulations and the most important point is rents are generally a lot cheaper than UK. We also pay a larger proportion of our salaries on rent than in Europe.

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    Wouldnt say doing a survey is the most objective method as it depends what you are used to.

    Amused that UK is considered to be worse place than Germany to be  A private sector where they have rent controls and tenants can stay indefinitely unless they have broken the law - even if the landlord wants to sell.

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    Very interesting that the UK is among the worst countries in EU. 

    I know the market in Belgium, in Belgium you pay 10% for "registratie kosten" registration fee + Solicitor fee and all fees together you don't end up with less than 13% that is in one part of Belgium in the other part you pay 12.5% only for registration.

    Very limited option for interest only mortgages, and if there is its just for 2 years or just for part of the loan.

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    This looks like old data. 25th position is 2017 data, for 2018 UK is ranked 16th place, nearly back where it was in 2016. Anyway they seem to mainly be considering yields and paying a passing reference to house prices. There's a lot more to consider when comparing with other EU countries like cost of acquisition, ongoing taxation, tenant protectionism and so on.

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    The Uk is fast becoming the worst place to live anyway apart from BTL. All the rules, regulations, taxes, . anti car and all the rest. Will the last person leaving please turn off the lights.

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