News

This Thursday the much-maligned Section 24 comes into effect. The Axe the Tenant Tax coalition are marking this important day with a stream of new content featuring the RLA, NLA, ARLA, landlords and various coalition partners, in a new drive to raise awareness amongst landlords who as yet still don’t know the gravity of the… Read more

The post Axe The Tenant Tax Awareness Week – Get Involved appeared first on Property118.com.

The comprehensive report written by Dr Rosalind Beck: Section 24 of the Finance (No. 2) Act 2015: “the unjust legislation that will make the UK housing crisis much worse.” Has been sent to The Centre for Housing Policy at the University of York which will be carrying out a review of the PRS led by… Read more

The post Our own report sent to new high level review of the Private Rental Sector appeared first on Property118.com.

Philip Hammond, Chancellor of the Exchequer, wrote that it is important to keep to the letter and spirit of the Manifesto and today announce a U-turn on the increase of Class 4 National Insurance Contributions in his budget last week. Now we have to get the hypocrites in Number 10 and Number 11 to reverse… Read more

The post Philip Hammond is prepared to U-turn – Now put the pressure on to reverse Section 24! appeared first on Property118.com.

The 2015 Conservative manifesto included the following pledge: “We will commit to no increases in VAT, National Insurance contributions or Income Tax”.  To see a copy click here Not everyone read it at the time, but very few people could have avoided seeing David Cameron on television on 29 April 2015 pledging that there would… Read more

The post Broken Manifesto promises appeared first on Property118.com.

Scotland’s largest membership organisation for landlords has strongly criticised UK Chancellor of the Exchequer, Phillip Hammond MP, for not reversing tax changes which will result in a reduced supply of affordable housing in Scotland. Landlords had called on the UK Government to reverse tax changes brought in by his predecessor which will see landlords taxed… Read more

The post Chancellor slammed for undermining efforts to solve housing crisis in Scotland appeared first on Property118.com.

Philip Hammond stated in the Budget: ‘A fair system will also ensure fairness between individuals so that people doing similar work for similar wages and enjoying similar state benefits pay similar levels of tax.’ I was very pleased to see this basic principle affirmed by the Chancellor as, logically,  he will now have to reverse… Read more

The post Similar tax for similar incomes appeared first on Property118.com.

It is now clear that the Treasury, under George Osborne’s stewardship, made some catastrophically bad decisions with the twin aims of courting popular opinion by appearing to go for the ‘nobs’ and also of raising money towards his manic deficit reduction quest. As part of this he imposed a large extra burden of stamp duty… Read more

The post Jacob Rees-Mogg recognises damage done by the Treasury appeared first on Property118.com.

Housing Minister Gavin Barwell has cleared up confusion caused by the recent Housing White Paper, which called for ‘family friendly’ three year guaranteed tenancies to be offered to tenants in an effort to increase stability and security for those families that want it. Barwell told Inside Housing that government calls for longer tenancies will be… Read more

The post Gavin Barwell confirms longer tenancies will not apply to BTL appeared first on Property118.com.

Tory Member of Parliament for North Wiltshire James Gray has urged landlords in an interview with the RLA to lobby their constituency MPs against Section 24 mortgage interest relief changes on a Saturday. Apparently Saturday is traditionally the day mo…

To whom it may concern. I watched your programme last night and must point out firstly an error that was made. In the introduction to the film shown, Emily Maitlis stated: “in this next film we meet three individuals, each kicked out of their private lodging when things got tough…” In addition to the unprofessional… Read more

The post Newsnight’s biased anti-landlord coverage! appeared first on Property118.com.

The housing charity, Crisis, has recently launched a campaign called ‘Home No Less Will Do.’ I have often written to Crisis since the campaign was launched against Section 24 of the Finance (no.2) Act 2015. Unhappily, I have never received an answer before now. They want our help now though. Specifically, they want private landlords… Read more

The post Crisis Campaign ‘Home No Less Will Do’ – You help landlords and we will help you! appeared first on Property118.com.

Lord Beecham has been the Shadow Spokesman for Communities and Local Government (CLG) since October 2010, and for Justice since September 2012, and for Housing since September 2015.  Quite a workload, in addition to being a Councillor in Newcastle-upon-Tyne since May 1967, and consultant to Beecham Peacock Solicitors in that city. He is anti-BTL. He… Read more

The post Shadow Housing Minister supports a tax that is increasing homelessness appeared first on Property118.com.

In an article yesterday on the back of the figures published showing a £1.19 billion Stamp Duty surcharge windfall for the Treasury up to the end of last year the RLA have called for a Landlord Tax rethink. Click Here to read the full article. “The RLA is now calling on the Government to use… Read more

The post RLA call for Section 24 rethink after Stamp Duty windfall appeared first on Property118.com.