SDLT 3% Surcharge Impacting Rental Supply in High-Value Areas

SDLT 3% Surcharge Impacting Rental Supply in High-Value Areas

9:51 AM, 9th July 2024, About 4 days ago 1

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Welcome to another episode of Property Breaking News! In today’s video, Ranjan Bhattacharya and Andrew Roberts dive into the significant impact of the 3% Stamp Duty Land Tax (SDLT) surcharge on rental supply in high-value areas. 

This surcharge, introduced to curb property speculation, has had unintended consequences on the rental market.

Join Ranjan and Andrew as they explore how landlords and investors are reacting to these changes, and what it means for tenants and property prices in prime locations.

Watch the video below

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20:46 PM, 9th July 2024, About 3 days ago

Impacting rental supply was the stated aim of the surcharge.

Increased rents are the unintended consequence.

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