With the General Election looming there have been discussions in the media regarding rent controls, caps and general tighter controls over the Private Rental Sector. The Election is too close to call, so there are a number of outcomes which could affect the PRS and Landlords, both professional and reluctant.
Other Countries have seen rent controls lead to a higher level of homelessness and as we here in Fenland are experiencing a Housing shortage – especially in affordable housing – so this could be a National issue which will impact on us here in Wisbech.
There are also plans to change Stamp Duty again – so the next few months could be interesting for the Housing market! Watch this space…. There are a number of interesting articles circulating some of which we have linked for you below: