JANUARY 26, 2016 | BY A & S Property
Rental supply and demand both down, according to ARLA
A seasonal lull kicked in as the supply of available rental properties dropped, alongside falling demand, according to the Association of Residential Letting Agents (ARLA) December Private Rental Sector report.
The stamp duty reforms to buy-to-let properties announced in the Autumn Statement are causing concern amongst ARLA letting agents. Two in three (62%) agents predict the changes from April will push up rent costs, and a further two thirds (65%) predict the new reforms will push landlords out of the market after April, and decrease supply.