Oct

Iain Duncan Smith MP gives his verdict on the future challenges for landlords

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Iain Duncan Smith MP joins Landlord Investor magazine as a columnist to give landlords and investors insight into issues affecting the market.

Read Iain Duncan Smith’s latest column in Landlord investor Magazine, issue 31, here.

Landlord Investor Magazine has confirmed that Iain Duncan Smith MP has joined as a contributor to give insight and comment into the challenges and opportunities that UK landlords are currently facing.

Since the success of the Expert Property Panel at the Landlord Investment Show at Olympia in June, where Iain Duncan Smith MP spoke as part of the panel, readers and show visitors have responded positively to being able to direct questions to a politician who can lobby on their behalf.

The Secretary of State for Work and Pensions from 2010 to 2016, Iain Duncan Smith MP was previously the Leader of the Conservative Party and Leader of the Opposition from 2001 to 2003.

He founded the centre-right Centre for Social Justice, a think tank independent of the Conservative Party, whose aim is to “put social justice at the heart of British politics” and produced well-publicised reports into gang culture, modern slavery, addiction, family breakdown, and educational failure.

This year, a CSJ report recommended placing homeless people dealing with problems like alcohol and drug abuse in permanent accommodation and giving them access to care and training. The approach, known as Housing First, had been trialled in the US and adopted by Finland with positive results.

In his first column for Landlord Investor Magazine Iain Duncan Smith wrote about the social housing crisis, the way housing is provided and how it can be improved. At the recent Landlord Investment show, he said he was struck by the number of landlords no longer buying to let, due to the stamp duty, the restrictions on mortgage interest relief, and other tax implications.

He states, ‘Private landlords are a significant provider of the additional housing we need. I have long believed we should be encouraging them…not punishing them…I think it is time to review George Osborne’s tax changes in buy-to-let landlords’.

His second feature in the current issue of Landlord Investor Magazine talks about what he considers both the biggest dangers and the best opportunities facing landlords currently.

Iain Duncan Smith MP will also speak further about the recent tax changes as part of the Expert Property Panel at the National Landlord Investment Show on 7th November at Olympia, London.

The Expert Property Panel will take place at the National Landlord Investment Show, London Olympia on 7th November at 10.30am. Landlords and investors can register for complimentary tickets at landlordinvestmentshow.co.uk

Landlord Investor Magazine is a subscription-based product available in both print and digital formats with 11 issues each year. It offers advice, features, and news, and helps property professionals keep up to date with essential industry developments. Subscribe at www.landlordinvestormagazine.co.uk

National Landlord Investment Show is the UK’s leading property investment exhibition, providing solutions, networking and advice for new seasoned and investors in the buy-to-let market. Established in 2013 and operating in property hotspots throughout the country, it has now run 52 shows successfully, and has provided property investment solutions for over 21,000 landlords in the last 12 months alone, a growth of 31% since 2015. http://www.landlordinvestmentshow.co.uk

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