The Residential Landlords Association ran a survey of 1,000 landlords and found that 1 in 4 landlords have sold already or are planning to sell their properties. Another survey they ran showed 56% of landlords staying put were planning on putting up their rents.

The main reason behind this is that they don’t want to be landed with a growing tax bill over the next 5 years.

As most of us know by now lots of people are now purchasing properties through corporate structures to avoid the loss of mortgage relief but that doesn’t help all the landlords out there that bought properties in good faith in their own names. The cost of moving to a corporate structure is potentially very prohibitive from a capital gains and stamp duty perspective leaving some landlords with no choice but to sell up.

Given that there will be fewer homes on the market to rent and many landlords saying they will have to increase their rents to cover the new tax, that put tenants in a very difficult and actually an unnecessary position of having to pay more for where they live.
On the flip side of this imposed government situation, this means that this could actually be a good opportunity out there for buy-to-let investors over the medium to long term.  The housing shortage remains acute, unemployment is at an 11 year low, mortgage rates are at the lowest on record in some cases and demand for housing will only grow, if we don’t build more.
I would like to use the FREE Property Analyser

To help those looking to expand or buy for the first time we are offering a “Property Analyser” tool that allows you to compare properties you are considering and sorts them on net yield. All too often we become emotional when we buy property but we shouldn’t, it’s an investment. This module will help take the emotion out of the process and filter those that make more sense to buy.

To support landlords and property investors, you can use our Property Analyser tool completely FREE. Simply register and use the voucher code Property Analyser.

Enjoy!