Contrary to some reports, buy-to-let is not yet dead in the water, despite new tax policies targeting the sector. However, as the deadline for their implementation fast approaches, investors are now looking at less traditional, more tax-efficient routes into the market.
This is particularly true for UK domestic investors, according to an audit published today from residential fund and asset manager, London Central Portfolio (LCP).
Historically of particular appeal to the hands-off foreign investor, the company’s latest fund, London Central Apartments III (LCA III), has seen a tranche of subscriptions from British investors due the wide range of tax exemptions it will enjoy.
For the first time, the British now make up the largest share of investors by nationality at 52pc, a 30pc increase from LCP’s first highly successful fund, launched in 2007.
