Judicial review of buy to let change sought by landlords
Today is a key day for landlords Steve Bolton and Chris Cooper as their legal representatives make the case for a judicial review of Section 24 of the Finance (No. 2) Act 2015. The legislation will bring about the phased reduction in mortgage interest tax relief for landlords and is scheduled to be introduced from next April.
The legal argument that will be presented by law firm Omnia Strategy LLP, led by Cherie Blair, QC, hinges on the legislation allegedly discriminating against individual landlords by denying them same rights as other entities such as large scale corporate and institutional landlords.
Full story available from LettingAgentTODAY: https://www.lettingagenttoday.co.uk/breaking-news/2016/10/key-day-as-landlords-seek-judicial-review-of-buy-to-let-tax-change