Chancellor Urged To Back Longer Rental Tenancies In Budget

RLA wants tax relief on rental income, which could increase each year a tenancy continues – up to a maximum of five years if the tenancy is renewed. Landlords are urging the government to back longer tenancies in rented housing to meet the needs of the growing numbers of families with children who rely on the sector for their home. David Smith, Policy Director for the RLA, said landlords recognise the demand for longer tenancies which provide stability for they and tenants alike. Read more on 24housing.

https://www.24housing.co.uk/news/chancellor-urged-to-back-longer-rental-tenancies-in-budget/