Property Tax Reform Could Encourage Landlords To Sell To Private Tenants

A new report has indicated that the Chancellor should help generation rent to own their current properties through the reform of Capital Gains Tax. The report into Britain’s property taxes reveals that taxation reform could be key to tackling housing crisis.

·         Reform of Capital Gains Tax could allow 100,000 private tenants to own rented homes.

·         Current tax system is a disincentive for landlords looking to sell their properties.

·         Tax relief should be given to landlords selling properties to existing tenants.

The report says that the Chancellor should use his budget to deliver and then stick to a clear property tax policy, to give private tenants, home buyers and investors the clarity, certainty and predictability they need for future stability and growth. Download the report from the RICS website.