Over half of UK letting agents think buy let surcharge will push up rents

Over half of UK letting agents believe the new buy to let stamp duty surcharge from April will push up rent costs, new research has found. It could also trigger a decline in the supply of available properties coming onto the rental market, according to the report from the Association of Residential Letting Agents (ARLA). The report also points out that in February demand for rental properties grew to an average 37 per letting agent branch, the highest since February 2015, as supply increased mar...