costs

Landlords in UK denied the legal right to challenge buy to let tax change

The High Court in London has rejected a legal application on behalf of residential landlords for a review of Section 24 of the Finance Act 2015 which will change the way their income is taxed from next year. The changes, which are due to come into force in 2017, would stop landlords being able to […] The post Landlords in UK denied the legal right to challenge buy to let tax change appeared first on PropertyWire . Continue reading

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Interest only mortgage loans in UK could be facing multi billion pound shortfall

Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Continue reading

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Details of UK’s new home building fund revealed

Builders and investors in the UK property market need to just pick up the phone and contact the Homes and Communities Agency to find out how to get a share of the new £3 billion Home Building Fund. More details have now been released of the new fund aimed at boosting the number of new […] The post Details of UK’s new home building fund revealed appeared first on PropertyWire . Continue reading

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