Tax relief on mortgages on let properties is set to end from April 2017. The new rules will be phased in over the next few years until relief is given only at the basic rate of Income Tax.
There has been lots of speculation as to the best way to navigate through the new rules. There may be advantages to incorporation and property holding via a corporate entity, but this will be dependant on mortage providers bringing new products to the market and lenders risk committees assessing newly incorporated entities favourably.
Lots to think about!