The Tories have vowed to tackle the housing crisis, announcing a £3billlion Home Building Fund to create more than 25,000 new homes by 2020 and up to 225,000 long term. In his speech Communities and Local Government Secretary Sajid Javid committed to boosting the housing supply – saying a failure to build new homes […]
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Landlords challenging the Government’s plans to stop buy-to-let costs being a claimable business expense will have their case heard at the High Court tomorrow. Co-claimants Steve Bolton and Chris Cooper, represented by ex-PM Tony Blair’s wife Cherie Booth, are fighting the changes to Mortgage Interest Relief due to come in next year, asking for a […]
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The Royal Institute of Chartered Surveyors is backing the RLA in calling for the Government to rethink its tax plans as the UK faces a critical shortage of rental homes. Research by RICS released today also backs up the RLA claims that tax raids by former chancellor George Osborne are forcing landlords out of the […]
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The RLA has held a symposium into the future of buy-to-let housing at the Tory Party Conference. The fringe event was held to discuss the role the buy-to-let sector and smaller scale landlords should and can play in meeting the country’s housing needs. It followed a meeting between RLA Chairman Alan Ward and housing minister […]
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Landlords that knowingly rent out property to people who have no right to rent in the UK could be sent to prison. In her speech to the Conservative Party Conference Home Secretary, Amber Rudd MP announced that from December landlords ignoring the Right to Rent rules brought in this February will be committing a criminal […]
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Two thirds of landlords plan to raise rents to cope with recent tax increases on the PRS according to a major new survey. The survey of almost 3,000 private sector landlords carried out by the Residential Landlords Association also found that the same proportion do not plan on purchasing any additional properties for their portfolio. […]
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