Heritable Bank welcomes private rental housing sector expansion plans

Commenting on the proposals, Mark Sismey-Durrant said: ‘I am delighted to see that

there will now be more positive tax treatment for those seeking to invest in the residential

property market. By increasing the tax incentives to invest in the private rental housing

market, these proposals will help maintain the encouraging growth in Buy-to-Let

investment in recent years.’

Heritable Bank, part of the Landsbanki Group, provides a range of specialist property

finance. The Bank offers facilities for both residential and commercial property

development. In addition, it has recently launched a residential mortgage operation,

offering buy to let and other non-standard mortgages.