"Final nail in the coffin for landlords"

Mark Harris, chief executive at SPF Private Clients: “This Budget is a final nail in the coffin for landlords owning property in their own name.

“It is very hard to make a profit unless property is owned via a limited company structure. We have seen a growing number of clients either purchase investment property via this route or move existing portfolios in their own name over to a limited company structure and we now expect this trend to escalate."