Peers Recommend Tax Incentives for Landlords

Peers in the House of Lords have recommended that landlords based in coastal regions should receive a tax incentive, if they decide to improve the quality of property they own, according to a recent Parliamentary publication. They also expressed an intention to examine the reasons why coastal towns had a high level of poor housing stock and the potential social impacts this could have. The House of Lords also discussed the need for regeneration of coastal areas, where much of the housing stock is former holiday housing, which has since been converted for use as full-time housing for the local … Continue reading Peers Recommend Tax Incentives for Landlords