Tax relief for landlords began to be phased out from 6
April 2017. AXA’s latest study of UK landlords reveals that far more believe
they will be affected than Government estimates suggest, and almost half plan
to quit the rental market by 2020, fearing they are being unfairly targeted.
AXA’s research shows that more than 40 per cent of landlords believe they will
be worse off as a result of the changes. This is despite the UK Government’s
assurances that 82 per cent will not have any additional tax to pay. AXA found
evidence that this change coming on top of a raft of legislation aimed at
landlords in recent years means that almost half of private landlords will
withdraw from the market by 2020. Read more on the ARLA website.
