Tax Rises Hits Rented Housing Tenants

Tenants in private rented housing are bearing the brunt of the government’s tax increases on the sector. That’s the warning being issued by the Residential Landlords Association, as research shows the supply of homes to rent is drying up while demand remains high. Data released today by the Royal Institution of Chartered Surveyors warns that, while demand for rented housing from tenants “held more or less steady…for the third month running”, the number of landlord instructions “declined once again, rounding off a year in which they have fallen in all 12 months”. The RLA is blaming the government’s tax rises on the sector for the difficulties tenants now have in accessing suitable private rented housing. Read more on 24housing.

https://www.24housing.co.uk/news/tax-rises-hitting-tenants-in-rented-housing/