Tax changes have triggered sell-off of private rentals

Research from the Residential Landlords Association suggests that 133,000 dwellings will be taken out of the English private rental sector during the coming year. The main cause is legislation restricting landlords' mortgage interest relief to the basic rate of income tax, and the 3 per cent stamp duty surcharge on the purchase of additional homes.

Government figures have previously shown that 46,000 privately rented homes were lost in England between March 2016 and March 2017.

Read the full article on the Residential Landlord's Association website.