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Mortgage interest relief battle at High Court

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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Tories vow to tackle housing crisis

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 facing jail over Right to Rent breaches

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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RLA chairman addresses Conservative Conference event

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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RICS backs RLA call for tax reform

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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Two thirds of landlords to raise rents due to tax hikes

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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Government reports ‘surge’ in Rent Smart Wales applications

The Welsh Government says it is seeing a surge in applications for its Rent Smart Wales scheme, after the RLA revealed just 3% of landlords have been issued with licences. It has reminded landlords they face prosecution if they have not registered with the scheme by the November 23rd deadline – now just eight weeks […]

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Corbyn’s attack on landlords is misguided

Landlords have hit back at accusations made by Jeremy Corbyn in his Labour conference speech that they are being subsidised by £9 billion of housing benefit cash. According to Budget figures, in 2014/15 total housing benefit spending for social rented tenants at £15.2 billion, was significantly more than the £9.1 billion for those in the […]

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Just 3% of landlords have Rent Smart Wales licences

Just 3% of Welsh landlords have been licensed under the controversial Rent Smart Wales scheme, with just nine weeks until the November 23rd deadline. The registration and licensing scheme was launched in November last year and requires all landlords and letting agents to register their properties and undergo a training course to obtain a licence. […]

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Landlord consultation on tax changes

Landlords are being asked for their opinion on the Government’s new digital tax plans. The HMRC has launched a simplified four question consultation asking landlords what they think about proposals for digital record keeping and quarterly tax reporting. Landlords are being asked whether plans to introduce a cash basis for those with simple tax affairs […]

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