Landlords and this weeks Budget · The Elite Sales Community

Landlords and this weeks Budget

Landlords to Reeves: Raise Capital Gains Tax, and We’re Out! 🚪🏠💸

Landlords are increasingly worried about the Labour government, with potential increases (CGT) seen as a major risk. According to Pegasus Insight, 91% of surveyed landlords anticipate a negative impact due to higher taxes, rising operational costs, loss of control, and perceived anti-landlord sentiment.

Top Concerns:

🔹️CGT Changes (85%) 🏛️

🔸️Rent Controls (79%) 📉

🔹️Section 21 Removal (73%) ❌

🔸️Landlord Licensing (54%) 📑

🔹️Stricter Energy Standards (51%) 🌱

If CGT is raised:

🔸️39% will halt new investments,

🔹️Nearly 20% plan to exit the market,

🔸️37% are considering selling properties 🏠.

▪️Market Impact: 📈 Strong tenant demand remains, with 79% of landlords reporting high interest. However, a surge of motivated sellers could shrink rental stock, increasing rents and creating a supply-demand imbalance.

▫️Long-Term Outlook: The PRS, home to nearly 20% of the UK population, could see more strain, pushing rents even higher and reducing housing options.

▪️Mark Long of Pegasus Insight warns that increasing CGT could worsen the crisis: “The government should consider the impact of CGT on landlords and renters alike.”

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