Daily Mail: Boom in £1M per year rental market
- By Adam Foster
- 18 February 2015
concerns about mansion tax and stamp duty, according to a new report. Lottie Henniker-Major, head of lettings at Russell Simpson, said there is a lull of available properties which is pushing prices up.
She said: ‘There is a distinct shortage of stock in the upper end of the market with no new properties having come on to the market in the £7000 pw+ price bracket in 2015 so far.
‘I can only predict that this will lead to a further increase in rental prices moving forward.’