New Forest

19/10/2017

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

Academy Newswire - https://mailchi.mp/hwb-accountants/academy-bulletin-3231129

Following pressure from a number of professional organisations, the government have conceded to relax the 3 year time limit to sell your property and claim a refund of the 3% SDLT surcharge where the delay in sale was caused by the coronavirus pandemic.
https://www.hwb-accountants.com/news-guides/news/good-news-for-those-out-of-time-to-claim-a-stamp-duty-land-tax-refund/

Let’s Talk

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