Jan 15
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Civitas: buy-to-let investors should face restrictions
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Published by FT Adviser on Friday, 02 January 2015 by Damian Fantato
Buy-to-let investors should face restrictions on how much they can charge their tenants, a report into the UK’s private rented sector claims.
The 58-page paper, written by Daniel Bentley of Civitas, claims the UK’s housing market is “a mess” because of a combination of a lack of houses being built and an economic environment which encourages investors to buy up existing housing stock without increasing supply.
To combat this Mr Bentley’s paper, called The Future of Private Renting, said indefinite leases should be introduced as the norm while in-tenancy rent increases should be restricted to an index-linked ceiling.
