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RICS lettings survey for April 2001

Series: RICS Press Release ; (pr073) 1 June 2001, (2)Publication details: 2001Subject(s): Summary: A special survey in the latest RICS quarterly report has shown that the cost of maintaining property is seen as a burden for many landlords and is putting off many investors in the residential lettings market. 92% of those chartered surveyors specialising in the market complained about the cost of maintenance. Other deterrents to investors included a shortage of suitable housing stock and lack of tax incentives.

A special survey in the latest RICS quarterly report has shown that the cost of maintaining property is seen as a burden for many landlords and is putting off many investors in the residential lettings market. 92% of those chartered surveyors specialising in the market complained about the cost of maintenance. Other deterrents to investors included a shortage of suitable housing stock and lack of tax incentives.