Tenants will struggle if landlords opt for rent hikes to cover the 3% stamp duty surcharge and upcoming changes to mortgage tax relief


Share on facebook
Share on Twitter
Share on Google+

A YouGov survey of over 1000 renters revealed that 42% of private renters would not be able to cope with a 5% increase.

Nick Marr, co-founder of The House Shop, said: “There is a ticking time bomb in the private rental sector and with the number of people renting from private landlords already at a 30 year high – we could quickly find ourselves in a very precarious position with wide-ranging consequences for both tenants and landlords up and down the country.”

 

read more here


Share on facebook
Share on Twitter
Share on Google+

Subscribe To Our Newsletter