The much anticipated CGT is seen by many as bad news for investors and buy-to-let landlords, who are likely to now possibly face paying CGT at a rate similar to their income tax level.

Depending on whether changes are brought in immediately, which is unlikely, or from April 2011, a rise in CGT could prompt a rush of buy-to-let investors selling up to avoid seeing their tax bill double.  However, I have already seen some deals where Sellers are concerned about an immediate rise and want to push deals through.

The National Landlords Association is calling for buy-to-let investors to be considered as entrepreneurs and exempted from higher taxes.

Certainly any rise in CGT would be unwelcome when the market is still finding its feet.