With the Autumn Budget approaching this month, landlords may be considering their options. Last year's Autumn Budget announced a two percentage point increase in tax rates on property and savings income, effective from April 2027. Additionally, ordinary and upper-rate dividend income saw tax rate increases from April 2026.
For landlords contemplating selling, it is suggested that now could be an opportune time to explore options. Selling properties with tenants remaining in place is presented as a possibility, potentially allowing landlords to continue collecting rent until a sale completes.
If a sale is desired by early 2027, starting the process now is advised. For properties in England, seeking possession to sell under Section 8 Ground 1A requires a minimum of four months' notice, which cannot expire within the first 12 months of the tenancy. Should court proceedings become necessary, vacant possession might not be achieved until Easter next year or later.