trending Market Intelligence /marketintelligence/en/news-insights/trending/pmPsBdvBXYrAVOu26n_dzA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

New UK tax rules expected to push up rents

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition

Blog

Corporate Credit Risk Trends in Developing Markets: A Probability of Default Perspective


New UK tax rules expected to push up rents

U.K. landlords are expected to raise rents following the introduction of new taxation rules in April, according to London-based independent property specialist Experience Invest.

The new mortgage tax relief rules mean landlords will only be able to claim tax relief on up to 20% of their interest payments on residential properties, compared to the previous limit of 45%. Landlords are likely to pass on the cost of the change to tenants, Experience Invest said in a release, highlighting findings of a survey it commissioned.

When surveyed by Vital Research and Statistics, 85% of 2,000 U.K.-based adults said they were unaware of the change. Property was identified as the most popular asset class, with 45% choosing it over Individual Savings Accounts (10%), gold (9%), and stocks and shares (8%). Investing in U.K. property, versus abroad, was favored by 93% of respondents.