The House of Lords has launched an "urgent" investigation into the supply and affordability of housing to rent and buy in the UK. The investigation will also look at the recent Stamp Duty reforms and will consider whether rent controls are necessary. In a letter sent on Monday to Housing Minister Grant Shapps, Lord Green said that he was concerned about the impact of stamp duty changes on renters who have been forced out of their homes
The House of Lords has launched an "urgent" investigation into the supply and affordability of housing to rent and buy in the UK. The investigation will also look at the recent Stamp Duty reforms and will consider whether rent controls are necessary. The House of Lords recognises the affordability crisis in the housing market and they want to explore whether there are tax measures that could help improve the problem.