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Landlords denied permission to challenge buy-to-let tax

Credit: PA Wire

Private landlords have been refused permission to challenge the legality of proposed changes to the taxation of income from buy-to-let properties.

Landlords' campaign group Axe the Tenant Tax submitted at London's High Court that the changes would be both "unfair and unlawful", and that the case should go to a full judicial review hearing.

However, Mr Justice Dingemans ruled the challenge "unarguable" and dismissed it.

The changes, which are due to come into force in 2017, would stop landlords being able to claim buy-to-let costs - largely mortgage interest payments - as a business expense.

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80% of homes 'too expensive' for first-time buyers

More than 80% homes in England are too expensive for a typical working family trying to get on the property ladder, a report has found.

Just 86 properties in London were deemed affordable by Shelter. Credit: Tim Ireland/PA Wire

Housing charity Shelter, which analysed more than 325,000 properties with at least two bedrooms for sale across England, found that just 17.9% of them were within the financial reach of a household with children on an average local wage, leaving the remaining 82.1% beyond their means.

Just 86 properties were found to be affordable to local families in the whole of London, compared with 16,134 in the North West.

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