Chancellor urged to ease landlord costs in Budget
2 weeks ago | 4 comments
Budget sees landlords facing second property tax raid
1:28 PM, 28th October 2026, 2 weeks ago
145
Categories:
Landlords face a second successive Budget tax raid after Chancellor John Healey announced another increase in tax on property income.
Tax rates on property and savings income will increase by a further two percentage points from April 2027, adding to the rise announced by Rachel Reeves last year.
The Office for Budget Responsibility has warned the measures risk driving landlords out of the market and pushing rents higher for tenants.
The Telegraph reports that the announcement suggests property income tax rates will reach 24% for basic-rate taxpayers, 44% for higher-rate taxpayers and 49% for those paying the additional rate. Full details have yet to be confirmed.
Landlord income focus
The move puts the taxation of landlords’ income at the centre of a Budget which also includes support for household energy bills.
Delivering his maiden Budget, Mr Healey told MPs: “I am increasing the rates of tax on income from property and savings by a further two percentage points from April 2027.
“With no change to tax on income from dividends and tax on income from employment.”
For landlords, the announcement brings a further squeeze on returns, with the precise impact depending on their circumstances and the detailed provisions.
Landlords will be less likely to enter the market
The OBR issued a scathing warning over the property tax rise, saying it risks shrinking the rental market and driving rents higher.
The OBR said: “These measures collectively risk leading to a steady rise in rents through two effects. First, potential landlords are less likely to enter the market, reducing long-run rental supply, which risks a steady long-term rise in rents if demand outstrips supply – which we think is more likely than not.
“Second, landlords are likely to pass on more of these costs to renters in the long-run through a combination of some current landlords leaving, thereby giving more price setting power to remaining landlords, and greater long-run flexibility to raise rents.
“Such rises in rents would offset at least some of the reduction in the commercial viability to landlords from the measures introduced in recent years.”
Government wants to finish sector off
Greg Tsuman, managing director for Lettings, Martyn Gerrard said the further rise “may as well criminalise’ renting out a property”.
He said: “Adding a further two per cent tax to property income on top of the previously announced two per cent is a surprising and incomprehensible decision. Last year’s Autumn Budget dealt a severe blow to the sector, but it looks like the Government wants to finish it off.
“The OBR was already warning that the level of tax being imposed on landlords was likely to drive up rents and reduce rental property supply. This is lunacy and I fear that the Government is actively trying to dismantle the PRS. At this point, the government may as well criminalise renting out a property.
“Landlords have endured successive measures against them for years and we’re already seeing an unprecedented exodus from the rental market. There was a desperate need to reassure and provide confidence. Instead, we’ll see the rush to the door intensifying. The property market is already struggling with the oversupply of rental properties being sold and we’re going to see even more downwards pressure on house prices as a result of this.”
Ben Beadle, chief executive of the National Residential Landlords Association (NRLA), said: “The Chancellor has today made life harder for renters right across the country.
“As the Office for Budget Responsibility has confirmed, hiking taxes will drive up rents and drive down supply in the rental market when demand is already way ahead of the number of homes available.
“How that fits with a commitment to providing households with more breathing space is anyone’s guess.”
Social and affordable housing
Elsewhere in the Budget, also confirmed that tenants in England will not face Stamp Duty Land Tax on rent under assured tenancies, following the introduction of the Renters’ Rights Act on 1 May 2026. The exemption is intended to prevent tenants from being inadvertently liable for the tax due to changes in tenancy rules.
The government also pledged a further £430m to tackle rough sleeping, on top of the £442m announced in August, taking total investment to £874m by the end of the current parliament.
The Chancellor also announced the Your First Home scheme, which aims to help 70,000 first-time buyers onto the property ladder and save them hundreds of pounds a month.
Eligible buyers will be able to purchase a home with a deposit of at least 2.5%, a repayment mortgage from a participating lender and a government equity loan worth 20% of the purchase price, interest-free for the first five years.
The Budget also includes a further £1.5bn for social and affordable housing, taking total capital investment over the next decade to more than £40bn.
Smaller housing developments on brownfield land will also be exempt from Biodiversity Net Gain requirements, in a move intended to make building cheaper and simpler.
However, the Chancellor made no mention of Local Housing Allowance meaning it remains frozen.
Industry reaction to Budget 2026
On the rise of property tax rise, Andrew Lloyd, managing director at property data firm, Search Acumen, said: “Landlords will feel an underhand blow from the Chancellor today. Raising tax rates on income from property by a further two percentage points from April 2027 is a concern for small and accidental landlords whose margins have already been eroded this year, and we will undoubtedly see this impact in supply and rents over the next year.
“Conversely, the zero-rate on land sold to social housing providers announced will help incentivise the build and supply of council homes, a much-needed win for the struggling sector.”
Tony Hall, head of business development at Saffron for Intermediaries, said: “Last year’s increase has yet to take effect, and the Chancellor has already doubled it. Raising property income tax rates to 24%, 44% and 49% from April 2027 adds yet more pressure on landlords already navigating rising costs and substantial regulatory change.
“The government describes this as fair and proportionate, but landlords will judge it against the cost of providing a home. Maintenance, repairs, safety checks and property improvements all need funding. Taking more of the income leaves less available to reinvest.
“Many landlords are already rethinking how they operate, whether through limited companies, changes to their portfolios or investment in HMOs and multi-unit blocks. These decisions require careful advice and long-term planning. Repeated tax increases make that planning harder and risk discouraging further investment.
“If the government wants more good-quality homes to rent, it needs to give landlords reasons to provide them. Squeezing rental investment further risks leaving tenants with fewer choices and higher costs.”
Rob Stanton, sales and distribution director at Landbay, said: “Having already announced a 2% increase in income tax on property income in last year’s Budget, the Government has now doubled that increase to 4%, which will take the basic rate to 24%, the higher rate to 44% and the additional rate to 49% from April 2027.
“This applies to landlords who hold their rental properties in their personal names across England, Wales and Northern Ireland, rather than those who own through limited companies, and clearly represents a significant additional tax burden at a time when landlords are already managing higher mortgage costs, growing regulatory responsibilities and the expense of maintaining their properties.
“This is unlikely to encourage further investment in the private rental sector, particularly among landlords already questioning whether individual properties remain financially viable.
He added: “Our latest landlord survey, showed that almost 80% of landlords were concerned about further tax changes ahead of the Budget, and today’s announcement suggests those concerns were well founded.
“The consequences of this decision are unlikely to be felt by landlords alone, because when the costs of providing rental housing increase, there is a real likelihood that some of those costs will eventually be passed on to tenants through higher rents.
“Equally concerning is the potential impact on rental housing supply, with further taxation likely to make some landlords reconsider purchasing additional properties, while others may decide to sell existing investments. At a time when we need to encourage investment and ensure there are sufficient rental homes to meet demand, measures which risk reducing supply could ultimately make life even more difficult for tenants, particularly if fewer available properties place additional upward pressure on rents.”
Steve Cox, chief commercial officer at Fleet Mortgages, said: “The further increase in property income tax is likely to make many landlords reconsider how they hold their rental properties, particularly those with larger portfolios who may already be paying higher rates of income tax.
“Our latest Q3 Rental Barometer showed that 71% of buy-to-let mortgage applications in Q3 were made through limited companies, compared to 78% in the previous quarter, suggesting there had been some movement back towards individual borrowing.
“However, with property income tax rates now set to rise even further than previously announced, we would not be surprised to see more landlords considering whether they should continue to hold their properties in their individual names or explore instead the potential benefits of limited company ownership.”
Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: “Sadly, there was nothing to encourage new landlords into the buy-to-let sector or anything to persuade others to stay invested. There is an urgent need to stem the flow of those leaving the sector or rents will keep rising and standards will keep declining.
“Hopefully, activity at the very least won’t be any worse than before, while those sitting on the fence will be persuaded to come down and get on with their moves.”
Marc von Grundherr, the director of lettings and estate agency Benham and Reeves, said: “Landlords have been kicked while they’re down once again, with the Chancellor delivering yet another blow to buy to let profitability.
“The private rented sector is already contending with higher operating costs, mounting regulatory obligations, and the financial pressures of maintaining rental homes, so a further increase in property income tax is the last thing landlords need.
“The Government cannot continue to squeeze landlords financially while expecting them to provide the homes the nation so desperately needs.
“If investment in the sector becomes increasingly unattractive, more landlords will inevitably reconsider their position, further reducing rental stock and placing additional upward pressure on rents for tenants.”
Roma Sharma, the managing director of property management specialists Rushbrook, said: “With the Government’s sustained campaign against landlords, a hit to buy to let profitability has become a frequent and almost expected feature of the Autumn Budget.
“Today’s further increase in property income tax is another blow to a sector already grappling with rising operating costs, tighter regulation, and growing financial pressures.
“The concern is that landlords can only absorb so much before difficult decisions have to be made. Whether that’s delaying essential property improvements, increasing rents where possible, or exiting the market altogether, the consequences will ultimately be felt by tenants who are already struggling with limited choice and affordability.”
Tags:
Budget 2026, Buy to let, John Healey, Landlord Tax, Landlords, Private Rented Sector, property income tax, savings income tax
145 comments on this article
Learn from your peers’ experience
A different perspective could help you spot an issue, avoid a mistake or find a better way forward. Read the comments and add your own views if you wish.
Next Article
Property experts slam Budget tax raid on landlordsRelated Articles
NRLA calls for tax overhaul to encourage investment in PRS
2 weeks ago | 1 comments
Government set to miss 1.5 million homes target by 500,000
3 weeks ago | 2 comments
Member Since June 2013 - Comments: 829 - Articles: 1
6:29 PM, 6th November 2026, About 3 days ago
Reply to the comment left by M K at 06/11/2026 – 17:48
I HAVE A FORMAL COMPLAINT WITH NRLA WHICH THEY SEEM TOI BE IGNORING SO FAR. THEY DONT CONSULT ON MAJOR ISSUES WHICH I THINK IS SHOCKING. THEY SAID OPENLY THEY SUPPORT AWAABS LAW WHICH IS GOING TO DO SO MUCH DAMAGE TO THE PRS.
Member Since June 2013 - Comments: 829 - Articles: 1
6:33 PM, 6th November 2026, About 3 days ago
Reply to the comment left by Jonathan Clarke at 01/11/2026 – 08:18
ARE THEY SWORN ENEMIES? NRLA, GR AND SHELTER ALL SUPPORT OPPRESSIVE VINDICTIVE LAWS AGAINST THE PRS!
Member Since September 2015 - Comments: 1060
6:52 PM, 6th November 2026, About 3 days ago
Reply to the comment left by M K at 17:48
The NRLA are just Government lap-dogs who do their masters bidding (their masters are not Landlords).
Member Since May 2015 - Comments: 2344 - Articles: 2
9:39 AM, 7th November 2026, About 2 days ago
Reply to the comment left by Gromit at 06/11/2026 – 18:52
Landlords are just their paymasters!
Member Since November 2013 - Comments: 12
3:58 PM, 7th November 2026, About 2 days ago
Whatever our individual views of the NRLA, I think we need to recognise that lobbying and challenging Government policy is not something any one organisation can achieve alone.
There’s understandably a lot of frustration on here, but are we doing enough ourselves? How many of us have actually written to our MPs?
The NRLA can lobby on our behalf, but MPs also need to hear directly from their constituents about the real impact of these policies.
Governments do U-turns! It may be unlikely in this instance, but if we don’t make our voices heard, we certainly won’t encourage one.
Perhaps it’s time to turn some of the frustration on this forum into action.
Member Since June 2013 - Comments: 829 - Articles: 1
5:37 PM, 7th November 2026, About 2 days ago
Reply to the comment left by Joe Bloggs at 06/11/2026 – 18:29
AFTER STATING THEY SUPPORT THE DRACONIAN AWAABS LAW, AND FOLLOWING MY FORMAL COMPLAINT THE NRLA HAVE EMAILED IN THEIR NEWSLETTER A QUESTIONNAIRE ABOUT EMERGENCY REPAIRS IN THE CONTEXT OF AWAABS LAW TIMESCALES ETC.
HOWEVER STILL DONT ASK IF MEMBERS SUPPORT AWAABS LAW!!!!!!!!!!!! SO NOT A MEMBERSHIP CONSULTATION AT ALL!!!
Member Since June 2013 - Comments: 829 - Articles: 1
5:40 PM, 7th November 2026, About 2 days ago
Reply to the comment left by Auntie P . at 07/11/2026 – 15:58
good start would be asking the nrla why they dont represent there members – as they should, as their constitution. I really dont understand there agenda of appeasement and sucking up.
Member Since June 2013 - Comments: 3422 - Articles: 83
5:42 PM, 7th November 2026, About 2 days ago
Reply to the comment left by Joe Bloggs at 07/11/2026 – 17:37
Well said Joe, I’ve just emailed Ben NRLA as got one of their surveys & the survey was flawed so I exploded saying:
And I’ve been thinking Ben, why haven’t u been shouting up when these £7000 fines Civil Penalties been announced. 7k? Where do they get that from?
And you’ve not said anything?
No Mot £100.
Got boiler certificate, forgot to upload, £7000 fine.
I’m the biggest private provider to Benefit tenants in Nottingham over 27 years and not once has the Govt and Council come to ask me What they can do for me, so I and my colleagues will take the people we used to take. I’m probably not now, as sold dozens of houses in the last 15 months.
Those of you that are in a position to buy your home with just a few changes, I urge you to talk to me please, so we can avoid selling to another Landlord or empty
I am really sorry, but please ring me after reading this. The Govt are going too far and now going to fine us £7000 for every boiler certificate I forgot to send to their new database. Even if I’ve done the certificate.
I can’t carry on with these threats.
I’m sending this now so you know my mindset & how this Govt & Council’s are making us ill with unbearable workload. Some of your homes I always thought I would never sell to you or anyone, but if you have anyone that wishes to buy to keep you in, please talk to me.
Below are just some snippets as to what’s going off.
These are the latest changes the Govt has bought in May 2026 the Renter Rights act Renters Rights Bill-They have hurt the majority of tenants, but Govt got more votes off the Renters Groups for bringing them in.
Very long, but all applies to you & your home.
Tenants, Govt has just gave you £33 pm rent increase with rules they said were to protect you
Dear Tenants,
Govt has just bought in yet another charge £65 per year EACH house for property database fee. So you got to have rent increase for that £6pm. Plus 20+ questions, uploading loads of forms, an hour each house, & then updating the database throughout the year whenever a change, boiler certificate etc. And if u forget to upload a new (even if you’ve done it and got it) EPC, Landlady gets fined £7000. Tenants in London love to hear this. You sensible people in Nottingham know it makes your Landlord want to sell.
All this information needed for the property database, the Council already have for your Selective Licensing, who already charge £1000 every 5 years, so £200 per year, so you got £20 pm rent increase for that.
Previously we could just agree between ourselves if rents were £1000 & you were paying £750, you could agree verbally to £775 or £800. Well Govt has put a stop to that costing you again. Govt has said all rent increases must be done by Section 13. Letting agents cost £75 to do this, so that’s another £7pm. Some Letting Agents charge £250+VAT to issue a Section 13 which is £25pm on top of your rent increase.
So before we even get a little rent increase to pay for all inflationary increased costs, you’ve got £33pm which is going straight on the Govt charges.
This is without the extra admin we’ve got 4am office starts 9pm finishes. So no longer small rent increases I’m afraid, we got minimum £83pm before we start.
I could go on & on if some Media outlet would finally tell the truth & put it all out there, cause tenants that had no problem (80%) are really hit hard by all these Govt & Council changes.
A colleague wrote this out:
The regulatory and administrative burden has changed hugely over the years.
When I first started renting properties back in 1989, things were incredibly straightforward. You could go into WH Smith, buy a standard tenancy agreement, photocopy it and get on with letting the property. Today, the paperwork and compliance surrounding a single tenancy can run into hundreds of pages once you include tenancy documentation, deposit protection, EPCs, gas safety, electrical inspections, smoke and carbon monoxide alarms, right to rent checks, prescribed information, licensing requirements, certificates, notices and all the other documentation and administration that has accumulated over the years.
And it is not just the paperwork. There are now countless additional costs, licences, inspections, certificates, software requirements, professional fees, compliance costs, council charges and taxation changes that simply did not exist when many of us started out.
Making Tax Digital is another example. Landlords who fall within the current threshold now have to maintain digital records and use compatible software, with quarterly reporting requirements to HMRC. HMRC itself confirms that landlords may face additional software, accountancy, training and administration costs as a result.
The electrical safety regulations alone now require inspections at least every five years, with reports having to be provided to tenants and councils when requested. Gas safety checks are annual, EPC requirements have been introduced, smoke and carbon monoxide alarm requirements have expanded, and licensing and other local authority requirements can add substantial further costs.
So Mick’s £83 figure is really only scratching the surface. There is a much bigger story here about the cumulative cost of regulation, taxation, compliance and administration, and ultimately a significant proportion of those costs inevitably find their way into the cost of renting.
I honestly think someone needs to sit down and produce a proper historical comparison of what it actually cost to let a property in 1989 compared with what it costs today. I suspect the difference would be quite staggering.
I’ll keep putting this on when people wonder why rents keep going up.
I will add to this list as I remember more.
Keep spreading these words please.
WhyTenantsCan’tGetHouses
A background to why you tenants are paying extortionate rents and can’t get anywhere unless you earning a cracking wage-Blame the Govt and Councils you vote for because you like it when they give more regs & rules to the Landlord-Guess who pays for this? You do.
2015 George Osborne introduce Section 24, fully implemented by 2021, where your rent can be £1000, your mortgage £700 & you still lose money on the house due to the bizarre Tax rules introduced-Look it up, it’s that mad, 6 year old kids say That can’t be right. Too late when you’ve already bought the house in personal name.
They wanted Pet deposits banned.
Cause we’d want £100 more in case dog did damage.
End of tenancy, dog did no damage, tenant got all deposit back.
2019 you banned higher pet deposits cause some tenants didn’t like it when dog did damage & didn’t get their deposit back.
We stopped taking pets.
2024 MP stood up in Parliament and called for Pet deposits to be reinstated cause tenants with pets couldn’t get accommodation.
You couldn’t make this up.
Description here https://docs.google.com/document/d/1u54ouYTdNr7WaCPYW18Q_tZdlJr8-VwSUJpE0IcPf5k/edit?usp=drivesdk
They don’t want Landlords helping tenants with Benefits and they bought in Universal Credit which has zero communication with Landlord- We now don’t take Benefit tenants.
They bought in Selective Licensing on good Landlords with good houses. We put the rents up to cover it and now don’t take risky tenants.
Landlord can get fined £30,000 if tenant takes battery out smoke alarm and Landlord CAN’T prove that tenant did it.
Landlord can get fined £30,000 if renting 1 bed flat to single person and he/she moves his/her partner in unbeknown to the Landlord if the Selective License only has license for one occupier.
They started fining Landlords £5000 if they didn’t check tenants passport properly on Right to Rent checks-Landlords stopped taking anyone that had the slightest chance of being illegal immigrant. Innocent UK citizens suffered.
2015, they bought in that if Landlord CANNOT PROVE he/she has gave tenant boiler certificate, you can never get your property back. Even if had a new boiler 5 years later, Judge says Not bothered, u not having your house back. This helped the current bad tenant, hurts the next 100,000 tenants waiting for a home. A purely Anti Landlord measure to stop Landlord getting rid bad tenant or having his house back.
Oct 2024 Unison now wants a rent freeze. Ooh are we a charity are we? What other individual who sells or provides something is told YOU CANNOT charge a price u wish?
Oct 2024 the Renter Rights Bill is going to make it law, u can’t do rent increase unless use Section 13. Now for years, I’ve agreed informally with tenant ‘Ok £25 a month, u still £200pm now below anyone else.’ Job done.
Now, I’m totally full up with paperwork and rules and regs. I have no more time. Section 13 some more say only a few mins. It’s still 30 mins by time printed, filled in, signed, scanned, sent. Each one when u have lots of houses on top of Selective Licensing INSISTING we inspect each house every 4 months (two weeks solid just on inspections every months) is taking me over the edge. My existing tenants are going to have to go with Letting Agent who charge £300 for a Section 13. That’s £25pm extra on the rent. Along with the extra £100pm Letting Agent fee which gets rid of cheap rent was charity. I was only going to charge £25 pm increase. I now have to charge £50pm to get the £25pm charge back the Govt has caused.
Sep 2024 Ed Miliband MP wants all houses to EPC C which will cost Landlords £5000 and increase tenants cheap rents. As soon he announced this, he made more tenants homeless. Few words on that here: https://docs.google.com/document/d/1eI7z29SNRCDLLwX6_0QQChrwTxZ4jGZw4UNybVYfD1s/edit?usp=drivesdk
Section 24 Tax bought in by George Osborne of the Tories who said it will only affect 1 in 5 Landlords-That’s over 2 million tenants put at risk of homeless. Landlords with tenants of 25 years are now being made homeless on this one action alone.
Oct 2024 I’ve heard there’s a part of the RRB that says we must give tenants our home address on paperwork.
Details of that here: https://docs.google.com/document/d/1v7aETrvz0j6CdS7LZwYukthZAbhNxLWRKR8qShi6Gok/edit?usp=drivesdk
Aug 2025 RRB
Aug 2025 Making Tax digital
Aug 2025 RRB getting rid of Section 21 so u can’t get rid of bad tenant which would help a good tenant get the house.
Aug 2025 NI on rental income, another retrospective change after you’ve already housed the tenant and agreed to keep their rent lower than others.
Feb 2026 RRB making us register every property & pay-As well as Licensing-On houses many of us don’t want & only keeping for tenants anyway.
I’ll keep saying it to hope some common sense MP takes this up and actually wants to help tenants, and not getting votes hurting Landlords:
April 2026 Govt now fining us £7000 each tenant for every RRA act letter we cannot prove we’ve gave to the tenant-In ten years time. We get fined £7000 for an admin error for a letter the tenant can get off the internet just like we have to. This time Govt gone too far. We Housing Providers. Many of us don’t want the houses & only keeping for the tenant. And you want to fine us £7000 for an error where no one has got hurt?
£7000 for a paperwork error each tenant & even if you have gave em the sheets, if you lose your proof, you’ve had it. I can stab someone & get less. Parking ticket £60. No car insurance £200. Letter that tenants not bothered about £7000?
I tell me Landlord mates in the gym, they can’t believe it. I say It’s really easy, go on Google put £7000 fine Landlord in. They come back next day & say Wow cannot believe it, I would never have never known, that’s it, I’m selling.
I bike Sundays with 10-15 lads. Some have houses, I tell them, they flabbergasted, they had no idea.
I’ve got several expensive (for Nottingham) nice bungalows nice areas I was maybe never gonna’ sell. I’m even selling them now if/when the tenant should ever leave. Govt gone too far now. Renters group love it, but someone please tell em, they’ve now voted for something that’s made their houses more expensive & cut supply. My tenants understand fully what the Govt & Councils are doing to them, they’ve known for years I wish to sell but they now can’t get anywhere any more. All started since George Osborne Sec 24 2015, then Selective Licensing 2018, then UC, the list goes on.
April 2026 the ICO data fee we have to pay every year just so we can give the tenant the plumbers number when they have a leak gushing out.
May 2026, can only issue rent increase by Section 13 when previously could agree verbally with tenant and if rents are £1000, and tenant paying £775, they’d normally agree to £800 job done. Now Govt say must be done by Section 13, I’m getting older and the ever increasing paperwork is frying my brain. Letting agents charges £300 to do a section 13. That’s the rent increase gone on admin, so you have increase more than £25pm-Tenant loses again. Well done Govt.
Sep 2026 Govt introduce a property database that is £65 PAID EVERY YEAR EVERY PROPERTY. What does the Govt not understand about that is another £6pm on top of the rent? Who’s benefiting from that?
EACH house for property database fee. So you got to have rent increase for that £6pm. Plus 20+ questions, uploading loads of forms, an hour each house, & then updating the database throughout the year whenever a change, boiler certificate etc. And if u forget to upload a new (even if you’ve done it and got it) EPC, Landlady gets fined £7000. Tenants in London love to hear this. You sensible people in Nottingham know it makes your Landlord want to sell.
Oct 2026 Govt announce ANOTHER 2% tax just for Landlords. On top of the already 2% tax rise just for Landlords announced 2 months ago. So almost half just goes in tax. Where do Landlords get their money from? So tenants have got to have rent increases now. Why can’t the Govt see this, every time they hurt the Landlord, they hurt the tenant.
Every anti Landlord measure they bring in to they think will help the tenant has hurt the tenants massively.
Every time the MP’s talk an anti landlord measure, they’ve made more homeless and increased rents.
There is loads more
Biggest Housing Provider to homeless benefit tenant’s in Nottingham over 29 years here again.
When Section 24 tax started 2015, we all thought utter bonkers, how can they do that so u suddenly lose on a house? George Osborne the then chancellor said u got 6 years till it’s fully in, the tenants can find other places to live. 6 years is nothing in a tenants life. I’ve had many with me over 25 years, they 75 years old now, I get 7k pa after tax for their 240k house. In normal safe investments, I can get 14k pa ZERO tax till sell the investment. I don’t want their houses any more, but it’s their home, where are they gonna live? I honestly thought 2021 would be the year Govt thought Hang on, we wrecking it for tenants here, we best slow down. They should be coming to us and saying what can we do for u Landlady so u don’t keep selling your houses and house the people we can’t house?
But they don’t cause if they bash the Landlord, the renters groups shout Yes I like that I’ll vote for u Govt. So the Govt bashes the Landlord more. No one is educating the tenants saying Hang on this is making u worse off as every reg rule less houses = more expensive rent. All my tenants get it cause they listen. Selective Licensing found some bad houses, it made 80% good houses worse and rents more expensive having the opposite effect of what Councils intended. The list goes on. Here’s another one where they wrecking homes for tenants. https://youtu.be/ijMxRyuCGKI?is=1HvO0idxYg6xWP32
Member Since April 2018 - Comments: 703
5:53 PM, 7th November 2026, About 2 days ago
Reply to the comment left by Auntie P . at 07/11/2026 – 15:58
I have always encouraged contacting your MP, but the facts are neither Lib Dem or Conservatives will have much if any sympathy for landlords and of course forget it if your MP is Labour. You might if you are lucky get a response from Reform but there are only 6 and 2 of those are ex Tory like Jenrick who never supported landlords.
Member Since March 2024 - Comments: 355
6:02 PM, 7th November 2026, About 2 days ago
Reply to the comment left by David at 07/11/2026 – 17:53
I wrote a couple of times to my Tory MP back in 2015 following Osbornes Budget introducing S24. Total waste of time, just flannel in reply. I predicted that the steps Osborne was taking would make the PRS completely dysfunctional ten years hence. I stated selling in that year and about to get rid of the last of the 14 I had.
Small comfort to see the Tories get the absolute kicking they deserved but of course Labour have to gold plate all the misguided anti landlord policies the idiotic Tories started, so out of the fring pan into the fire.