Is It A Good Idea To Penalise Buy To Let Investors With So Much Stamp Duty

Yes and No… In theory, less buy to let investors and more 1st time buyers are a good thing, as in theory, means more houses available for 1st time buyers and less demand so that prices don’t rise as quickly.. What really happens? Less buy to let landlords means even less rental stock which means that rental prices will continue to sore meaning tenants are penalised even more. What should the government do? Keep stamp duty as low as possible for 1st time buyers and stop penalising the buy to let landlord unless it intends to build lots of rental properties in every town and village in the country to keep up with the demand in rental properties…