Friday, 7 July 2017

Tax Change Hits Landlord Confidence

Landlords’ confidence in the UK has fallen as they face the prospect of higher tax costs and weakening house prices, although rents are climbing, pushing up yields, the latest research shows. Just 41% of landlords are confident about the prospects for their portfolios, following the recent taxation and regulatory changes, according to the sixth edition of Kent Reliance’s Buy to Let Britain survey report. This represents a fall from 44% in the previous quarter, and compares to 67% seen three years ago. Political and economic uncertainty will only add to landlords’ concerns, the report points out. Read more on the Property Wire website.

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