Scrapping the recent tax hike on private rental sector landlords would help ease the housing crisis faced by renters, analysis by research consultancy Capital Economics suggests.
Since 2021 mortgage interest tax relief for landlords has been limited to the basic rate of income tax.
Modelling conducted for the National Residential Landlords Association by research consultancy Capital Economics suggests that reinstating mortgage interest relief (MIR) in full for the private rented sector would help alleviate the sector’s supply crisis.