UK Landlords Face Challenges Amid Rising Rents and New Legislation

Landlords are selling properties due to potential tax increases and regulatory changes, causing record-high rents as supply tightens.

Landlords are concerned about a proposed rise in capital gains tax, which could increase from 24% to 39%, prompting many to sell their properties.
The Renters' Rights Bill is set to abolish fixed-term tenancies and introduce periodic tenancies, allowing tenants to leave with just two months' notice.
Average rents in London have reached a record £2,694 per month, while rents outside the capital have hit £1,344, both increasing significantly over the past year.
The supply of rental properties remains tight, with 18% of homes for sale previously being rental properties, the highest percentage since 2010.
Landlords face additional costs from potential energy efficiency upgrades and increased management fees, leading to higher rents to cover expenses.