When the Conservative Party formed its first majority Government since 1997 few would have expected that one of its first acts would be to attack the very basis of landlords investment model - but that is exactly what George Obsorne did in his Summer Budget in June 2015. 

Measures included in the Finance (no.2) Act 2015 are removing mortgage interest relief, replacing it with a tax reduction limited to the basic rate of tax - but crucially applied after personal income has been calcuated, compounding the impact on hundreds of thousands of private landlords. 

This is being gradually phased in over four years, culminating in 2020/21.

Further information:

Wordpress Blog Feed
Refurbishing your properties can always be a beneficial
22 August 2018
Summer is here and that often means holidays. If you know
15 August 2018
Will you be hit by the changes to mandatory HMO licensing
10 August 2018
This month, NLA Director of Policy and Practice Chris
10 August 2018
Richard Blanco and his guests take a look at the issues
27 July 2018
Many student tenants have now departed for the summer to
18 July 2018
This month, Chris Norris, Director of Policy and Practice,
13 July 2018