The latest articles relating to the private rented sector
Landlords will pay increased rates of income tax under plans announced by Chancellor Rachel Reeves today. Rates of income tax from property income will increase by two percentage points from April 2027, a move which the Office for Budget Responsibility (OBR) has recognised will hit landlords in the pocket and force rents up.
Landlords who have fallen victim to botched insulation work are being told to look out for letters informing them of plans to repair the damage. The news comes after a damning report from the National Audit Office revealed tens of thousands of homes need repairs to correct failed installations likely to cause dangerous damp and mould, funded by the Government’s ECO and Great British Insulation Scheme (GBIS).
