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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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Lettings industry in UK urged to check advertising material quality

Letting agents, landlords and firms serving the rental sector in the UK ought to be careful how they choose to word their advertising material, it is claimed. As regulation in the lettings sector changes more frequently, inaccurately worded adverts could see a higher number of companies get into trouble with the authorities, according to the […] The post Lettings industry in UK urged to check advertising material quality appeared first on PropertyWire . Continue reading

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Over half of UK landlords set to raise rents due to tax changes

Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes appeared first on PropertyWire . Continue reading

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