Rent Rises Ahead As Landlords Pull Out Of UK Housing

Landlords are likely to pull out of the UK housing sector in the coming year owing to policy changes, surveyors say. Nearly two-thirds of surveyors asked by their trade body said more landlords would exit the market than join it in the coming year. Investors have been hit by changes such as a stamp duty surcharge. As a result, private rent rises were likely to outpace house prices in the next five years, the Royal Institution of Chartered Surveyors (RICS) found. Read more on the BBC.