TPP455: December Market Update
The Property Podcast
00:00
Welsh Landlords Face Punishing New Costs Under Property Wealth Tax Plan
Worrying news for second home owners or people who have pitolets in wales. This has been endorsed by all sides of the welsh government. If this is pushed through, those investors will just look over the board into england. And where does that leave the welsh rensel market? Well, not in a good place. A similar statement was made about six months ago in scotland between two political parties. So if you are looking for an indicator of whether this is going to end up happening in wales, or if it will get watered down or forgotten about entirely, then keeping an eye on what's going on in scotlands would be a bad idea
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