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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 →
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 →
Confidence returns to Turkish property market as sales rose in August
Confidence is returning to Turkey’s property market after the failed political coup in July with houses sales increasing again and foreign buyers returning to the market. The pictures of armed troops in the streets of the major cities and arrests in the aftermath of the failed coup created a halt in property sales as people […] The post Confidence returns to Turkish property market as sales rose in August appeared first on PropertyWire . Continue reading →