UK ranked as ninth-worst country for property investment

A study by 1st Move International revealed that the UK ranks as the ninth-worst country for property investment due to high taxes and rising transaction costs, impacting the buy-to-let sector. The UK’s investment score of 4.13 out of 10 is hindered by a 47% income tax on rent and significant buying costs. Landlords are exiting the market due to various pressures, including extra stamp duty charges and restrictions on mortgage interest relief, leading to a reduction in rental supply and affordability challenges for tenants.

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