New Forest

Buy-to-let regulations fuel rent rises

Estate agent Your Move analysed rental prices on around 20,000 properties and found the average rent in England and Wales rose by 3.1% in the past year to £874.

The rise in rental prices can be attributed to the recent tax changes affecting landlords, such as the mortgage interest relief and 3% stamp duty land tax surcharge.

Tax changes have also restricted the supply of new properties on the market, with a fall in housing stock levels pushing up rent prices.

For further information on buy-to-let regulations, please contact Arthur Bell on 023 8046 1258.

Latest Tweets

Making Tax Digital (MTD) for VAT is on course for April 2019. Here's what you need to know #makingtaxdigital #business #tax #southampton https://t.co/EfRevmcEqT

Our classic car day has gotten off to a good start with the sun finally arriving for some photos #classiccars #hampshire #business #southampton

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your business.