Rents are set to rise by a hefty 25 per cent over the
next five years, according to a survey of property experts. When it comes to
house prices, chartered surveyors revealed they anticipate less of an increase
of just under 20 per cent. The Royal Institution of Chartered Surveyors said
the lift in rates would be triggered by landlords decreasing their portfolios,
leaving tenants to compete over a smaller pool of properties. Recent stamp duty
hike for landlords and other tax changes have started to diminish the
attractiveness of buy-to-lets as potential investments. Read more on the
thisismoney website.
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