Chancellor John Healey has confirmed a second two percentage point rise in tax on property income from April 2027, taking landlord rates to 24, 44 and 49 percent. Search Acumen and Elite Realty Invest warn the move will squeeze supply and push up rents.
Landbay survey of 2,000 landlords finds almost 80 percent fear further tax rises in today’s Budget, with 22 percent delaying purchases and 16 percent pausing remortgages, though 34 percent still plan to buy more property.
Bowmore Wealth Group analysis of HMRC data shows buy-to-let investors crystallised £1.15 billion of losses on residential property sales in the latest tax year, up 32 percent from £870 million, as flat prices and higher finance costs bite.
Housing minister Matthew Pennycook has confirmed the Housing Ombudsman Service will set up and operate the new PRS landlord redress scheme, with regulations in force since 17 September 2026 and membership duties to follow.
The Scottish government has told all 32 councils how to assess rent conditions for possible rent control areas, with first reports due by 31 May 2027 and caps of CPI plus 1 percent, up to 6 percent, where zones are designated.
Knight Frank analysis shows a £541 million net loss in stamp duty from £5 million-plus sales in the 18 months after the October 2024 Budget as transactions fell 14 percent, with a Budget decision due on 28 October.
Southend-on-Sea City Council says its selective licensing scheme ends on 30 November 2026 with any replacement not starting until 1 April 2027, leaving a gap from January, as a consultation on expansion runs to 31 December.
The NRLA has urged Chancellor John Healey to use the 28 October Budget to overhaul rental tax, unfreeze housing benefit and fund EPC upgrades, as figures show 10 renters chase every home and the Local Housing Allowance shortfall has hit a record 23.3 percent.
The latest Zoopla House Price Index finds 35 percent of UK homes sit in postcode areas where prices are falling, up from 12 percent a year ago, as sales agreed fall 7 percent and homes for sale rise 7 percent.
SpareRoom has called on the Chancellor to lift the £7,500 Rent a Room threshold in this week’s Budget as lodger rooms fell 1.4 percent to 29 percent of flatshare supply.
Sefton Council has secured £22,477 in rent repayment orders against landlord Robert Edwards after the First-tier Tribunal ruled four homes were let without selective licences.
Connells and LRG warn the Renters Rights Act one-month cap on rent in advance is locking nurses, poor-credit renters and international students out of lets.
