Budget will hit housing choices for renters
In the wake of today’s Budget – the first Labour Budget in over 14 years – the NRLA has issued its statement responding to the key aspects of the Chancellor’s announcement.
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In the wake of today’s Budget – the first Labour Budget in over 14 years – the NRLA has issued its statement responding to the key aspects of the Chancellor’s announcement.
Landlords will need to pay stamp duty of 5% when purchasing additional properties, a move the NRLA believes will only exacerbate the housing supply crisis. Rachel Reeves announced the move in today’s Budget, with the change to come in immediately.