The Intermediary Mortgage Lenders Association says chancellor’s budget swagger will constrain supply of rental propertiesScrapping tax relief for buy-to-let landlords will constrain the supply of rented property and design life harder for tenants, a lenders’ group has warned.
The Intermediary Mortgage Lenders Association (Imla) said measures that discouraged investment in private rental housing at a time of population growth and low supply would only push up rents.
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Source: theguardian.com