Tax blow for buy-to-let landlords
The Chancellor, George Osborne, has delivered a blow to landlords in today’s budget speech by announcing that mortgage tax relief for buy-to-let home buyers is to be restricted to the basic rate of...
View ArticleWear and tear allowance to be scrapped from April 2016
Whilst the change to mortgage interest relief for private landlords made the headlines after yesterday’s budget, another important change that will impact the buy-to-let sector went largely unnoticed....
View ArticleNew tax rules will negatively impact both tenants and the economy
An opinion piece in London’s daily business newspaper, City A.M., focuses on the remarks made by the chancellor in this recent budget statement that buy-to-let landlords have a huge advantage in the...
View ArticleThe effects of the Budget and future of licensing schemes
The start of July saw the first Budget from the Conservative Government and despite pleas to the Chancellor ‘to seize the opportunity to encourage growth in the sector by introducing changes to the tax...
View ArticlePace of rent rises slows but for how long?
The latest findings from the HomeLet Rental Index show that the average UK rent on new tenancies increased by 1.6 per cent in the three months to August 2015, compared to a rise of 2.2 per cent for the...
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