Landlords who can’t complete a self-assessment tax return by the deadline due to the impact of the coronavirus pandemic can put forward COVID-19 as a reasonable excuse for late filing, says HM Revenue & Customs.
The lettings market shrank last year as renters turned to buying a home with space to work remotely rather than opting to live close to work in more expensive urban locations.
Selling up to deal with the fall-out from the way changes to mortgage interest tax relief impacts their finances is a headache faced by many property investors with buy to let borrowing.
