28 Nov 2016 11:57 AM

As if buy to let landlords haven't had enough changes thrown at them in recent years (including higher stamp duty, the restrictions to tax relief on mortgage interest and the change to allowances for furnished properties) Philip Hammond has made an announcement that additional rules will result in ordinary investors being able to borrow less to fund their purchases.

The new rules give the Bank of England extra powers when considering the amounts which can be borrowed. New affordability thresholds will be set with borrowers needing to prove that they can make a minimum profit of 25% from their tenants even if interest rates rise substantially from their current record low.

Many people have turned to property investing in recent years as an alternative to pensions and with all of these changes the question now being asked is "where should I put my money now".

A survey carried out by the Residential Landlords' Association found that a quarter of the 1,000 landlords interviewed are planning to sell their rental properties as a result of the changes.

Will this figure increase with the seemingly unrelenting attacks on the property investment sector?