Taxes on buy-to-let landlords have not pushed up rents, study says

Generation Rent says number of first-time buyers has risen despite landlords’ warnings

Warnings by landlords that taxes on buy-to-let would cripple the property market, driving down supply and pushing up rents, have turned out to be entirely hollow, according to research by campaign group Generation Rent.

It found that since the “bombshell” introduction of taxes on buy-to-let landlords in George Osborne’s 2015 budget, rents have fallen in real terms.

Related: Weaker buy-to-let market gives hope to first-time buyers

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Source: theguardian – realestate
Taxes on buy-to-let landlords have not pushed up rents, study says