Spike in landlords buying properties via companies in order to pay less tax

Landlords are increasingly buying property via limited companies, rather than in their own personal name, in order to slash their tax bills. Three quarters (74 per cent) of all buy-to-let purchases in England and Wales this year have been bought via a limited company, according to analysis by the estate agent, Hamptons.  It is a … Read more

What tax relief can landlords claim?

UK buy-to-let landlords managed to claw back more tax relief than ever despite no longer being able to fully offset their mortgage interest costs. The amount claimed rose to £18.5 billion in the 2020/21 tax year, the last for which accounts were filed – up from £18.1 billion the previous year. This was according to analysis … Read more

Are we on the cusp of a rental crisis? Available properties are at record lows

Renters are facing record pressure when house hunting, with more than 28 prospective tenants for every available property. There is an average of just five properties to rent per letting agent branch according to Propertymark, the membership body for property agents. This represents a 44 per cent drop from the four-year average, which is nine … Read more

Stamp duty surcharge: Could it rise to 4% in the spring statement?

Landlords awaiting the Spring Statement could be forgiven for fearing further tax hikes are heading their way. Households are already being clobbered with a National Insurance contribution rise, jump in energy and fuel costs, alongside other bills soaring with Inflation. Tomorrow could see the Government try to help fan the flames and in doing so, … Read more