The speed at which rents across the UK are growing has
more than halved since an additional 3% stamp duty levy on second homes came
into force twelve months ago, according to the latest Landbay Rental Index.
That survey, powered by MIAC, revealed annual UK rental growth slowed to 0.90%
in March 2017, less than half of the rate of 2.27% seen at the end of March
2016. Outside of London, the pace of growth has slowed by over a quarter since
the tax hike, from 2.43% in March 2016, to 1.78% in March 2017. Read more on the
CML website.
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