Section 24: Why Mortgage Tax Relief Needs a Comeback
The Implications of Section 24: The Time to Bring Mortgage Tax Relief Back? If you're a landlord or aspiring property investor, you can't afford to ignore the buzz around Section 24 Mortgage Tax Relief in the UK. The tax reform has shaken the property market since its introduction in 2017. So what exactly does this change entail? And why are organisations like PayProp UK calling for its reversal? In this blog, we'll dive deep into Section 24's impact, the consequences of section 24 and more. Understanding the Fundamentals of Section 24 Mortgage Tax Relief Let's begin by clarifying the basics…