Registered with Property118.comWednesday 11th January 2017
It is an inevitability that rents will rise. Those that say they cant are not learning from history nor are they understanding that as market conditions change, so do prices. As the amount of available stock decreases for rent, the wealthier tenants will pay more. Only the very poorest will suffer.
Also, what care or interest do the govt have for those who have rents BMV which will now rise to match MV? The govt's view is that this is not 'rents rising' because market price might be the same, but to the tenants caught in this unnecessarily it definitely WILL be a rise and possibly a steep one at that.... Read More