Friday, 13 October 2017

Could Landlords Be Offered Tax Relief For Offering Longer-Term Tenancies?

Landlords are set to benefit from new incentives if they offer longer agreements to their tenants.  Perks could include clawing back tax relief that is currently being withdrawn from thousands of landlords, a leading property expert has suggested. The government wants to offer greater support to those who rent, as the number of people who do not own their own home continues to grow. Policies introduced could benefit landlords who comply.  Secretary of State for Communities and Local Government Sajid Javid indicated in his Conservative party conference speech that details will be revealed in the Autumn Budget on November 22.  Read more on the Daily Mail website.

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