Planning
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 →
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 →
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 →
