RICS say property tax reform could encourage landlords to sell to private tenants
A recent RICS report has indicated that the Chancellor could help private tenants to own rented homes
A recent RICS report has indicated that the Chancellor could help private tenants to own rented homes
The pace of house price rises will slow when tax changes take the heat out of interest from investors, surveyors suggest.
UK house prices continue to rise at a "robust pace", the Halifax has reported, with property values up 9.7% in February compared with a year ago. Stamp Duty helps push prices on but there are risks of a market slow down with the EU Referendum due this June.
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RICS Surveyors are seeing a surge in demand from buy-to-let investors which they expect to push up house prices. Buy-to-let investors face a 3% surcharge on stamp duty from April.
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