Property News · October 4, 2016

UK faces shortfall of 1.8m rental homes, warns housing body


The Royal Institution of Chartered Surveyors is urging government to reverse stamp duty changes on second homes and incentivise build-to-rent schemeThe UK is facing a shortfall of 1.8m rental properties unless the government acts fast to slow a sharp drop in the number of available homes, according to a leading housing industry body.The Royal Institution of Chartered Surveyors (Rics) called on the government to drop reverse stamp duty changes on second homes and consider incentives for build-to-rent schemes, after it found a drop in property investors’ appetite to add to their buy-to-let portfolios. Continue reading…

Source : theguardian.com
Read more…UK faces shortfall of 1.8m rental homes, warns housing body

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