George Osborne unveiled a shock tax change in 2015 which will remove landlords’ ability to deduct the cost of their mortgage interest from their rental income when they calculate a profit on which to pay tax. Continue reading →

A survey by the Royal Institute of Chartered Surveyors (RICS) showed house sales continued to fall in the three months to the end of July, whilst the number of new instructions and buyer enquiries also dropped.  Prices have fallen in London, the West Midlands, East Anglia and the North of England, but surveyors are forecasting that house prices and sales will rebound and increase over the next year. Continue reading →