Surveyors in plea to Government over shortage of homes to rent



Britain is facing a "critical" shortage of rental homes and must ramp up house-building to meet a surge in demand from those priced out of the property market, according to a surveyors' group.
The Royal Institution of Chartered Surveyors (Rics) said at least 1.8 million more households will be looking to rent rather than buy by 2025 as house prices continue to surge higher.
But it warned the UK was heading for a "rental supply crisis" after recent government changes to increase buy-to-let stamp duty.
It claimed 86% of landlords have no plans to increase their rental... read more

 
4 October 2016 in Regional East, Views: 35
Source: Belper News
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