John Lewis Pulls Out Of Residential Property Market

In this podcast we discuss the decision by the majorretailer John Lewis to withdraw from developing thousands of residential properties.Meanwhile, as thousands of small private lands quit thebuy-to-let property, private equity firms and hedge funds continue to investbillions of pounds into the housing market. Watch full video: https://youtu.be/m5Aoqr4hquUNew Tax Rise For Landlords In another blow long suffering UK landlords,Chancellor Rachel Reeves has announced a new higher rate of tax surcharge onrental income profits in her budget, which will see the tax burden rise torecord levels. Buy-to-let landlords will pay a tax rate two percentage pointshigher than the basic and higher rates of tax from April 2027.Frozen threshold bands until 2030 means mostof us will pay more tax due to ‘fiscal drag’.This is in addition to the hike in the stampduty surcharge on second property purchases to 5%, which is having adetrimental effect on property development and flipping.Watch full video here - https://youtu.be/O38dvXPp22kAlthough successive governments seem to be doing their best to encouragethe big corporate landlords and drive small landlords out of business (Section 24, licensing, increased red tape etc), they stillneed the estimated 2.8 million private buy-to-let property landlords. See interview with Chartered Accountant and Tax Specialist - https://youtu.be/aMuGs_ek17sWhat This Means for YouThese tax changes could reshape property investing, retirement planning,and asset strategies. If you're a landlord, investor, or homeowner, nowis the time to review your capital gains exposure, inheritance planning, anduse of ISAs before the 26 November Budget drops.#johnlewisproperty #propertyinvestment #section24landlordtax#moneytips #buytoletlandlord