Buy-To-Let Investors: 'Let Us Off Capital Gains Tax And We'll Sell To First-Time Buyers'

Britain's biggest representative body for buy-to-let investors has proposed that investors should be given tax relief on the gains they make when selling their rental properties - in return for selling the properties to first-time buyers. The Residential Landlords Association (RLA), which represents around 40,000 private landlords, has suggested the Government could "encourage" landlords to sell their properties to tenants and first-timer buyers via tax incentives. A survey of more than 1,500 investors found two in three would be "more likely to sell" if their capital gains tax liability was reduced. Read more on the Daily Telegraph website.