Knight Frank: Budget is stoking rental inflation
Original Article Summary
Knight Frank has accused the government of fuelling rental inflation after it raised rental income tax by 2% by 2027 in the Autumn Budget. Tom Bill, its head of UK residential research, said: “For a government so concerned about inflation, it appears relaxed about the prospect of rising rents. “There were disinflationary measures in the […] The post Knight Frank: Budget is stoking rental inflation appeared first on PropertyWire.
PropMatch Curated Analysis
Knight Frank warns that the 2% rental income tax rise will push more landlords out of the market, reducing supply and driving up rents despite government inflation concerns. Prime London rental values already rising with new listings 9% below five-year average.
Investor Relevance
Critical for investment decisions as higher taxes squeeze margins while rental yields may increase due to supply shortage. Investors must factor increased tax burden against potential rental growth when evaluating acquisitions and portfolio retention.
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