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  • Tax

    At last BBC reports S24!

    Rents could rise 15% by 2023 as the supply of new rental properties dries up, according to a survey by the Royal Institution of Chartered Surveyors (RICS).

    It said small scale landlords are pulling out of the market.

    It blamed tax changes brought in last year which have made buy-to-let investments less profitable.

    RICS said it was time that the government looked again at the way the private rented sector was regulated.

    It said its members have seen the supply of new rental property falling consistently for two years

    https://www.bbc.co.uk/news/business-45113867

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    This is a duplicate topic so this thread is closed.  Please revert to original posting:

    RICS support to end S24 & SDLT surcharge?

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    [Image: 4995468760_6be86655d4_t.jpg]
    general operations director, site owner and moderator - propertytribes.com

    S24 won't exist in 3 years

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