Call for new business model for lettings sector

Small rent increases in private rented sector
Rental growth subdued in UK

Research from PEARL, the Residential Landlord Association’s research wing, has found that the 3% stamp duty on the purchase of homes to let has resulted in a marked downturn in the number of landlords purchasing new property. This, in turn, is further exacerbating the challenges of tenants getting suitable rental housing whilst at the same time keeping them from getting onto the property ladder themselves.

See the full story at Letting Agent Today.

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