12 October 2014
Landlords are being urged to ensure they are fully tax efficient after research shows many are failing to claim for the full range of tax allowances.
Buy-to-let mortgage specialist Paragon said landlords could offset many of the costs incurred through letting property against their income, but many were unaware of the full range of costs they could claim.
For example, Paragon's research shows that more than one in 10 landlords (13%) are not claiming for mortgage interest, desp
Meanwhile, a third of landlords don't claim management or letting agent fees, with 55% of landlords not claiming for advertising costs incurred in letting their property.