Prospect of Large Rent Rises Say the Royal Institution for Chartered Surveyors

Thursday 09 August, 2018 Written by 
Prospect of Large Rent Rises Say the Royal Institution for Chartered Surveyors

Today comes the news that rents could shoot up 15% by 2023 as the supply of new rental properties wanes.

A survey by the Royal Institution for Chartered Surveyors suggests tax changes that came in last year have rendered Buy-to-Let investments less profitable.

RICS says policymakers should consider the way in which the private rental sector is regulated.

The volume of rental property has declined over the past two years.

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