Landlords Urge The Chancellor To Take Action On Decline Of Rental Housing Supply

The Chancellor must use his first Budget to take immediate action to reverse the decline in the supply of rented housing, say landlords. With landlords selling more properties than they are buying and others switching to short-term holiday lets for tax reasons unless action is taken tenants are going to find it increasingly hard to find the home they want. The three per cent stamp duty levy on extra housing introduced in 2016, among other measures, has slowed investment in newly rented property, with landlord confidence now extremely low. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/landlords/landlords-urge-the-chancellor-to-take-action-on-decline-of-rental-housing-supply.html