‘More floaters than a sewage farm’
Original Article Summary
By Trevor Abrahmsohn, Glentree International The problem with having a thoroughly inexperienced Chancellor and a properly ‘woodenheaded’ Prime Minister, is that they are learning the job ‘on the hoof’ and we are all going to pay a hefty price for this ineptitude. More ‘floaters than a sewage farm’ In advance of this autumn’s Budget, the […] The post ‘More floaters than a sewage farm’ appeared first on PropertyWire.
PropMatch Curated Analysis
Treasury is considering National Insurance charges on rental income as part of autumn Budget, which could be the final burden forcing more landlords to exit an already over-regulated sector. With 31% of landlords planning to scale back portfolios, this could worsen rental supply shortage and drive rents higher.
Investor Relevance
Critical for all landlords as it outlines potential new tax burden on rental income and comprehensive regulatory timeline. Shows escalating costs and compliance burden that may affect portfolio viability and exit decisions.
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