A Growing Shortage Of Rental Property
A Growing Shortage Of Rental Property Whilst interest rates on savings were at all-time lows, many investors turned to bricks and mortar, and the private rental sector (PRS) in particular, for better returns. The government, concerned landlords were pushing up prices and outbidding first time buyers, introduced a series of measures to curb demand. These included a 3% stamp duty surcharge on landlords and a reduction o...