A Guide to Income Tax Relief Restrictions for Landlords

Historically, residential landlords could deduct all of their mortgage interest and other finance costs from rental income before calculating tax. But not any more. April 2017 brought with it a new fiscal regime which is slowly phasing out this tax relief and replacing it with a calculation which means that most landlords will pay more income tax...

ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.