Almost all landlords are considering increasing rents to
pay for the higher taxes they now face. In a survey the Residential Landlords
Association found that 84% of private sector landlords are likely to consider
increasing rents following the Chancellor’s recent tax assault on the
buy-to-let sector. It also found that 78% of landlords felt that the changes
would deter them from investing in more properties to rent, with half
considering getting rid of properties. This is in the face of rising demand for
rented housing with the agents, Savills, predicting that one million new homes
to rent will be needed by 2021. Read more on the RLA website.
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