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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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Survey suggests tenants in UK cannot afford further rent rises

Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests. It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced […] The post Survey suggests tenants in UK cannot afford further rent rises appeared first on PropertyWire . Continue reading

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Brexit not having an impact on UK rents, latest buy to let index shows

The UK’s decision to leave the European Union has had a minimal impact on rents with values up across England and Wales apart from two regions, the latest index shows. Indeed rents in August reach an all-time high of £1,391 in London while rents in the South East continue to rise at a faster pace […] The post Brexit not having an impact on UK rents, latest buy to let index shows appeared first on PropertyWire . Continue reading

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