Commercial property investors could benefit from a new reprot published on the private rented sector.
A government consultation on the private rented sector has been published, which could interest commercial property investors.
Sarah McCarthy-Fry, Exchequer secretary to the Treasury, revealed that this is designed to show what substantive barriers are in place that could prevent investment.
Responding to the announcement, the Association of Residential Letting Agents has highlighted the importance of removing the obstacle of stamp duty.
Ian Potter, operations manager of the group, has emphasised the fact that the organisation has been campaigning for a long-period of time on this issue.
He explained: "We are pleased that the government is finally taking heed of our recommendations. A change to the structure of stamp duty would encourage vital investment into bulk portfolios."
Earlier this month, a report by Ernst and Young's ITEM Club predicted that the current upturn in
commercial development will be short-lived once the Bank of England's quantitative easing comes to an end.
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