reform
Buy to let sector disappointed by UK Chancellor’s failure to address their concerns
There was disappointment for buy to let landlords in the UK when Chancellor Philip Hammond did nothing for the lettings sector when delivering his Spring Budget. It had been hoped that he might re-visit the extra 3% in stamp duty imposed by his predecessor last year on additional homes and that he might also reconsider […] The post Buy to let sector disappointed by UK Chancellor’s failure to address their concerns appeared first on PropertyWire . Continue reading →
Most landlords in UK understand regulatory and tax changes
Two thirds of buy to let landlords in the UK understand that their ability to offset mortgage interest payments against tax is being scaled back by the government, new research has found. Almost one in five plan to raise rents to alleviate the effects and one in 10 say they are planning to exit the […] The post Most landlords in UK understand regulatory and tax changes appeared first on PropertyWire . Continue reading →
Call for UK stamp duty to be changed in upcoming Budget
Stamp duty is prohibiting first time buyers in the UK and should be altered in the Budget later this month, preferably to make sellers pay the tax rather than buyers, a new report suggests. According to the Yorkshire Building Society report the latest figures show that in 2016 just 26% of first time buyers bought […] The post Call for UK stamp duty to be changed in upcoming Budget appeared first on PropertyWire . Continue reading →