Member

On those who would be affected, HMRC—hardly a partisan player in this discussion—identified in 2023-24 some 2.86 million people as unincorporated landlords across the UK with income from renting. According to the English Private Landlord Survey 2024, 45% of all landlords—half of whom, incidentally, are female—own just one rental property. If we expand that to four properties or fewer, that is 83% of landlords. Forcing these people to take their property off the rental market for 12 months means that a single-property landlord’s whole income simply ceases, while costs such as maintenance, council tax, services et cetera continue to require paying.