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Landlords in UK more optimistic and planning to cope with tax change
Landlords in the UK are taking action ahead of mortgage relief tax changes due to come into force in April and more are optimistic about the outlook for the private rented sector. Six out of 10 landlords are preparing for the tax change and more are willing to buy with fewer thinking about reducing their […] The post Landlords in UK more optimistic and planning to cope with tax change appeared first on PropertyWire . Continue reading →
New rents in UK up 2.6% in January, but falling in London
New rents in the UK increased by 2.6% in January overall year on year, the fastest rise for the month in two years but continued to fall in London, the latest index shows. January saw 36% of landlords increase the rent when signing a new tenancy, up from 27% at the same time last year, […] The post New rents in UK up 2.6% in January, but falling in London appeared first on PropertyWire . Continue reading →
Campaigning association calls for buy to let change in March Budget
A campaigning landlord organisation is calling for UK Chancellor Philip Hammond to scrap planned changes to taxation for the buy to let sector in his forthcoming March Budget. The Residential Landlords Association (RLA) said that the UK should follow the example of Ireland by scrapping planned changes to mortgage interest relief or, at the very […] The post Campaigning association calls for buy to let change in March Budget appeared first on PropertyWire . Continue reading →