//
According to the company, reform to capital gains tax (CGT) is having a positive effect for those selling on their buy-to-let properties.
In the second quarter of the year, landlords paid a flat CGT rate of 18 per cent - creating a total tax burden of £16,581 for houses and £15,975 for flats.
That compares to a total tax liability of £34,895 on houses and £34,603 for those who sold on their properties in the previous quarter - before the reform was introduced.
Observing the market, managing director of The Mortgage Works Andy McQueen said: "Although the buy-to-let market has, like all sectors, been impacted by the credit crunch, landlords have continued to buy and sell properties on a regular basis."
According to the Association of Residential Letting Agents, the value of the private rented sector in the UK now stands at more than £500 billion.
Attend a seminar with the Trader's University programme, offered by Knowledge to Action.
