Private landlords SELLING rental property after tax changes for buy to let investors

In their monthly report, RICS point to 22 per cent of their membership observing a drop-off in landlords advertising rental properties to let in their area, and highlight that reducing numbers of private rental stock is a direct result of taxation changes for buy to let investors, leading to smaller scale landlords exiting the sector.  Meanwhile, tenant demand continues to increase in most of the UK, leading to upwards pressure on rents.   In fact, RICS anticipate that this shortage could create a rise of two per cent on the…

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