Disgusting Slur on Landlords by Leftwing Media

Disgusting Slur on Landlords by Leftwing Media

A person running, a finger pointing, and Tax written on a demolition wrecking ball
9:23 AM, 19th March 2025, 1 year ago 49

News that Britain’s landlords have increasingly moved from holding property in their personal names to limited companies has been slammed by one journalist as ‘widespread tax avoidance’.

Writing on the left-wing website, Novara Media, Harriet Williamson said: “Let’s call this what it is: widespread tax avoidance by a workshy, parasite class – and at a time when the Labour government is set to drive through welfare cuts targeting some of the most severely disabled people in the UK.”

The article, ‘Buy-to-Let Landlords Are Dodging Tax En Masse’, goes on to slam landlords for not creating anything, including housing stock, ‘except perhaps anxiety and anger among tenants’.

The journalist and former editor at Pink News and the Independent warms to her theme and adds: “These so-called investors are leeches, firmly attached to the bare legs of those who haven’t managed to get on the housing ladder.

“And they’re not just skimming off renters’ paychecks: in 2024, the average landlord had 8.6 homes in their portfolio, generating a gross annual rental income of around £8k per property.

“If you live in any London borough bar one, they’re taking an excess of 40% of what you earn each month.”

Boom in buy to let companies

Ms Williamson was responding to a report from Hamptons which highlights a boom in buy to let companies, with figures rocketing to a record 401,744 in February.

Incorporated landlords now outnumber takeaways and hairdressers nearly fourfold.

This surge, driven by landlords shifting properties into limited firms can help mitigate tax burdens and since 2016 there has been a 332% rise in such businesses, Companies House data reveals.

Last year alone, 61,517 new firms emerged – a 23% jump from 2023’s previous high.

Limited company structure

Aneisha Beveridge, the head of research at Hamptons, said: “The limited company is now the structure of choice for the next generation of investors.

“Current tax rules mean that most, although not all, new investors find themselves better off in a company structure than owning an investment property in their own name.

“This means the number of limited companies is likely to continue its upward trajectory for the foreseeable future.”

She added that last year, incorporation numbers might have peaked since higher stamp duty rates will prevent some investors from moving property into a company structure.

Being a landlord ‘is not a job’

Ms Williamson goes on to say that being a landlord ‘is not a job’ because being a BTL landlord means ‘allowing someone who needs a home to pay the mortgage on it’.

She calls this a passive income and says landlords are incorporating because they realise ‘there’s more wealth to be hoarded this way’.

She adds: “We all need to live somewhere.”

Since social housing stock has been decimated, she says that tenants are ‘draining’ their own capital reserves to pay rent to fund more investment in rented property and the landlord’s ‘lifestyle’.

Ms Williamson goes on to say: “But the proliferation of buy to let businesses shows how Britain has become a playground for people who don’t make things or do things but just have things.

“If Starmer means it, then when will Labour crack down on mass tax avoidance by landlords, feeding off their tenants’ labour?”


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Comments

  • Member Since July 2013 - Comments: 154

    3:47 PM, 22nd March 2025, About 1 year ago

    I can’t imagine what she’s talking about! I nearly dropped my Pina colada into the swimming pool. I need to lie down. Peel me another grape will you?

  • Member Since May 2015 - Comments: 2188 - Articles: 2

    3:58 PM, 22nd March 2025, About 1 year ago

    Reply to the comment left by philip allen at 22/03/2025 – 15:47
    I heard some news about two supermarkets that tenants are reputed to be using, called Aldi and Lidl, which I would be curious to try. Are either of these stores near Harrods or Fortnum and Mason?

  • Member Since September 2022 - Comments: 55

    5:11 PM, 22nd March 2025, About 1 year ago

    This is a misconception. Everyone knows landlording is now hands on not hands free.

    It is a job either for you
    Managing the property or managing the agent managing the property. All takes time.

  • Member Since September 2022 - Comments: 192

    9:19 PM, 22nd March 2025, About 1 year ago

    This charming young lady has a degree from Warwick and Master from York.
    She has ” worked ” in media since leaving higher education and has lived in Harrogate, Manchester and now London.
    Writing articles from many newspapers and websites on dozens of different subjects I can assume she is an expert on housing, renting and property taxes.
    I take my flat cap off to this lady as I see a future Prime Minister in the making.
    I look forward to seeing her on Love Island or Big Brother

  • Member Since February 2022 - Comments: 8

    10:45 AM, 23rd March 2025, About 1 year ago

    The problem is,(as many of us have found out), articles like this get read by equally ill informed people influential with, or even working within, HMRC.
    The media has its place in informing with correct, educated and unbiased news information, but even the President of the USA would shout out correctly that this is FAKE NEWS.

  • Member Since January 2025 - Comments: 4

    10:57 AM, 30th March 2025, About 1 year ago

    The Real Absurdity: Demonizing Landlords for Following the Rules

    Harriet Williamson’s recent article in Novara Media, branding landlords as ‘workshy parasites’ and accusing them of ‘widespread tax avoidance,’ is a perfect example of ideological outrage trumping economic reality.

    First, let’s tackle the so-called tax avoidance claim. Landlords incorporating their rental businesses isn’t a sneaky loophole—it’s a completely legal and standard business practice. Limited company structures exist for a reason: they provide a more efficient tax setup and protect individuals from excessive financial risk. If Ms. Williamson has an issue with the tax system, her frustration should be directed at policymakers, not at landlords who are simply using the legal framework available to them—just like every other business owner in the UK.

    Secondly, the idea that being a landlord isn’t a ‘job’ is laughable. Managing rental properties—handling repairs, dealing with tenants, navigating legal requirements, and covering costs—requires time, effort, and financial risk. Landlords provide housing, a fundamental need, yet the article paints them as villains simply for charging rent. If landlords didn’t exist, who exactly does Ms. Williamson think would provide homes for the millions of people who choose to rent?

    Finally, the claim that landlords are ‘leeching off tenants’ hard-earned income’ ignores basic economics. Rent isn’t just profit—it covers mortgage payments, maintenance, insurance, legal fees, and taxes. If property investment is such an easy cash grab, why aren’t more people quitting their jobs and buying rental properties en masse? The reality is that it requires capital, risk-taking, and ongoing management.

    The real absurdity here isn’t landlords following tax laws; it’s the continued effort to scapegoat them for the UK’s housing crisis. Instead of attacking those who provide rental homes, perhaps Ms. Williamson should focus on policies that would increase housing supply—like relaxing planning laws and investing in social housing. But that wouldn’t fit the Novara Media narrative, would it?

  • Member Since October 2013 - Comments: 1630 - Articles: 3

    10:24 AM, 31st March 2025, About 1 year ago

    Today, landlords work on their ‘yield’ or ‘profit’, which is basically ‘income less cost’, which may give the impression to the uninformed and plain dim, that being a landlord is ‘passive’.

    Incorporated landlords will include ‘wages’ on the balance sheet, but for personal name landlords, there is no ‘wages’ line in the self-assessment return. We can’t submit an invoice for our time.

    However, regardless of whether a landlord is incorporated or not, it takes time to do absolutely everything associated with being a landlord. That is time a landlord doesn’t have to earn a living elsewhere.

    Renters wouldn’t provide their services for free, so why should landlords? Renters need to be told how much time is spent on being a landlord. That is why a landlord MUST make a profit. They cannot be expected to work for free!

    Unfortunately for renters, thousands of landlords are now choosing to earn their living elsewhere.

  • Member Since December 2022 - Comments: 14

    5:07 PM, 31st March 2025, About 1 year ago

    My big worry is that too many Labour MPs will be influenced by the likes of Novarra and Shelter.
    My advice toalllandlords is to ignore this and just raise rents to reflect the increased market tax and regulatory risk.

  • Member Since October 2013 - Comments: 1630 - Articles: 3

    5:56 PM, 31st March 2025, About 1 year ago

    Reply to the comment left by Jeff Simms at 31/03/2025 – 17:07
    Don’t forget your time…

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