Prop VT
25/11/2022
𝗧𝗵𝗲 𝗨𝗞'𝘀 𝗖𝗵𝗮𝗻𝗰𝗲𝗹𝗹𝗼𝗿, 𝗝𝗲𝗿𝗲𝗺𝘆 𝗛𝘂𝗻𝘁, 𝗵𝗮𝘀 𝗿𝗲𝘃𝗲𝗮𝗹𝗲𝗱 𝗵𝗶𝘀 𝗮𝘂𝘁𝘂𝗺𝗻 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁. 𝗛𝗲𝗿𝗲 𝗶𝘀 𝗮 𝗴𝗹𝗮𝗻𝗰𝗲 𝗮𝘁 𝘄𝗵𝗮𝘁 𝗶𝘁 𝗰𝗼𝘂𝗹𝗱 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝗕𝗧𝗟 𝗹𝗮𝗻𝗱𝗹𝗼𝗿𝗱𝘀. 🇬🇧
Despite a severe lack of rental stock in the UK right now, the Chancellor's Autumn Statement seemed to offer little support to landlords who are providing much-needed accommodation to tenants. 🏘️
If you were the government right now, how would you deal with low supply? 😥
🏦 Bring in further interest free loan schemes to bring empty disused stock back into circulation?
📑 Reform the planning process to allow for a smoother quicker process?
📄 Scrap stamp duty completely?
With increased pressure and costs, many landlords may be forced to sell some of their investment stock which will exacerbate the problem further: 𝐄𝐕𝐄𝐍 higher demand for rental properties and 𝐄𝐕𝐄𝐍 lower supply. 📈📉
However, trained and educated investors, I believe, will choose to remain in the market and continue to build their portfolios with a long-term strategy in mind. 🧠 The last thing you would want is let your money decrease in value sat idle in the bank. 💰🏦
𝐖𝐡𝐚𝐭 𝐝𝐨 𝐲𝐨𝐮 𝐭𝐡𝐢𝐧𝐤 𝐭𝐡𝐞 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐬𝐡𝐨𝐮𝐥𝐝 𝐝𝐨 𝐚𝐧𝐝 𝐡𝐨𝐰 𝐚𝐫𝐞 𝐲𝐨𝐮 𝐠𝐨𝐢𝐧𝐠 𝐭𝐨 𝐛𝐞 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧?
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