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Landlords urge UK to follow Irish example and abolish change to tax relief

A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading

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House prices in England and Wales were flat in September, agents index shows

House prices across England and Wales were flat in September and are now up 3.5% compared to a year ago but the headline figure masks regional variations, according to the latest index. At £292,763 the average price of a home is now almost £10,000 more than a year ago but some regions are seeing strong […] The post House prices in England and Wales were flat in September, agents index shows appeared first on PropertyWire . Continue reading

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Hundreds of thousands of landlords will face steep rise in tax from next year

More than 400,000 landlords in the UK who currently pay the basic rate of tax will find themselves forced into a higher tax bracket from April 2017, research has found. According to a survey for the National Association of Landlords (NLA) while some 22% of the estimated two million landlords in the private rented sector […] The post Hundreds of thousands of landlords will face steep rise in tax from next year appeared first on PropertyWire . Continue reading

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