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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 →
Survey suggests buyers and sellers in UK are affected by Brexit
Some 40% of business owners and small businesses in the UK expect buyers and sellers of houses to hold back until there is greater clarity on the impact of Brexit. Of these, 30% expect house prices to fall by 5% over the next year and 11% believe prices will fall by 10% over the next […] The post Survey suggests buyers and sellers in UK are affected by Brexit appeared first on PropertyWire . Continue reading →
Property industry wants tax change to boost build to rent
The number of build to rent homes has increased strongly in the UK at a time when demand for rental homes is rising but even more need to be constructed, according to the industry. The latest figures from the British Property Federation show that in the past year the amount of build to rent units […] The post Property industry wants tax change to boost build to rent appeared first on PropertyWire . Continue reading →