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Changes to Tax relief for residential landlords

Sat 01 Apr 2017

Changes to Tax relief for residential landlords

Current tax relief that landlords of residential properties obtain for finance costs will be restricted to the basic rate of Income Tax, this will be phased in from April 2017

For more information please visit https://www.gov.uk/government/news/changes-to-tax-relief-for-residential-landlords

"Living Property have fully managed my three rental properties in Bungay for several years now. I have always found Kim and Paula to be efficient, professional, proactive and friendly. Dealing with them has become like dealing with friends. The agency’s monthly management fee is very reasonable. I am often abroad, and I particularly value the fact that when tenants move in or out, the staff deal with all the utility companies, meter readings, Council Tax, etc. In the early days, when I managed the properties myself, this was nothing but hassle, worry and aggravation, but not any more. Paula makes regular inspections of the properties and reports back to me. She is not greeted by the tenants with suspicion or misgiving but is welcomed in, sometimes with tea and pastries! I have no hesitation in recommending Living Property both to landlords and tenants. Dr C. Goodden (landlord)"
Dr C Goodden (Landlord)