Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Labour Taxes Put Squeeze on Retiree Landlords, New Study Finds
Retirees who rely on property to supplement their income face a growing tax squeeze following the Budget, according to asset management firm Rathbones. From April 2027, landlords will pay four percentage points more tax on property income than they do today, following increases announced across the past two Budgets.
The findings, reported by Landlord Today, show the cumulative effect of successive Budget measures on landlords who depend on rental income in retirement.
What This Means for Letting Agents and Inventory Clerks
For letting agents and inventory clerks, the report signals potential pressure on retiree landlord clients who may review their portfolios as the April 2027 tax change approaches. Agents working with older landlords may see increased demand for advice on portfolio viability and rental income planning.
The source does not provide further detail on the specific tax measures or their projected impact on individual landlords.
Source: Landlord Today