HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Details of the government's reforms to stamp duty land tax relief for first-time buyers.
Unveiling its policy plans as the Conservative Party conference began yesterday, the government said it would begin consultations on Sunday to increase the stamp duty on individuals and companies not paying tax in the UK.
New research finds up to a third of young people in Britain will now rent for their entire lives, underlining the need for more investment in key UK city markets.
UK house prices are up +8.1% in the year to October, taking the average UK house price to £259,100. Of the UK’s largest cities, Nottingham has the highest price growth at +10.9%.
Amid the uncertainty of Brexit and increasing tax burdens for landlords, 2018 may be the year for rental investors to branch out beyond the obvious in the North of England.