Tips for claiming property expenses

When the changes were announced in March last year there were anguished predictions landlords would not be able to keep their properties and rental market would be turned upside down.

However, a 28% rise in rents over the past five years and rocketing house prices meaning huge capital gains have meant investors have benefited and in many cases have been able to pay down mortgages faster.

For those who have recently bought investment property, the phasing out over four years of the ability to offset mortgage interest payments against rental income might make it more difficult to keep a property cashflow positive.

Deloitte Private partner Dan Hellyer has a few tips for landlords.