Tuesday 3 March 2015

Labour Rent Cap Fears Halt Buy-To-Lets

Many landlords have halted plans to invest further in buy-to-let property ahead of May’s general election, amid concerns that a change in Government could lead to rent controls. Fears over the introduction of rent capping under a Labour government have stalled the private housing rental market, exacerbating Britain’s chronic housing supply shortage. A study of more than 500 landlords revealed that 40pc won’t expand their property empire with the election looming, and 26pc were anxious that a Labour win could knock house prices. Read more on Yahoo news.

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