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Association of Short Term Lenders comments on today’s budget PDF Print E-mail
Wednesday, 08 July 2015

Benson Hersch, CEO of the Association of Short Term Lenders (ASTL), commenting on today’s budget speech by the Chancellor of the Exchequer, says:

“Clearly the government is either optimistic about the future or worried about how politically digestible austerity programmes are.  The restriction of tax relief on BTL interest for individuals may accelerate the move to using companies, especially since corporation tax is reducing.  Overall, the effect on the property market will probably be neutral and on the general economy will be positive.”

(Source - ASTL Comment)

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