Baroness Taylor of Stevenage has stated there was 'no single assessment' of the combined cost of the Renters' Rights Act and planned tax increases on the private rented sector. The government reportedly assessed individual measures but did not evaluate their cumulative impact on landlords.
The Renters' Rights Act and planned tax increases are expected to affect landlords. A planned two percentage point property income tax rise is set to take effect from April 2027.
According to the English Housing Survey, 63% of private tenancies that ended in the previous year did so because renters wished to move. In contrast, 14% ended due to a landlord or agent asking tenants to leave, and 3% cited a landlord-imposed rent increase.