The much anticipated white paper has landed and it seems clear that the government are keen to bring institutional investment to the rental market. Is this anything to worry about? Not necessarily and it should clamp down on rogue landlords, but it’s definitely something to have you your radar.
A key point in the paper states that ‘Encouraging more institutional investors into housing, including for building more homes for private rent, and encouraging family- friendly tenancies.’ Rob and Rob discuss what this really means and what impact this may have on private landlords…
The report goes on to state that more needs to be done to prevent homelessness, but predictably the detail of how this will be done appears to be lacking. It goes without saying that in a country as wealthy as ours, we should do a lot more to help this issue.
In our news story this week, we report that the government’s Stamp Duty receipts are up by 18% – but investors are undeterred. Read more here.
And Rob B provided this week’s resource. It’s used within the RMP team to educate investors on The Northern Powerhouse. There’s tons of news here and if you have this area in your investment sights, this is a brilliant place to research. Check it out here.
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