Editor's note: This brief was summarised by The Property AI Team from a report by Property118. Read the original article for full details.
Post-Budget Poll: 52% of Landlords Plan to Sell Within 12 Months
More than half of landlords in a post-Budget poll say they plan to sell some or all of their properties within the next 12 months in response to Labour's tax changes. Research by Pegasus Insight found that 52% of the 168 National Residential Landlords Association members surveyed intended to sell.
For 14% of those surveyed, that meant disposing of some or all of their properties, according to the report. Property118 published the findings under the headline "Tax changes prompt landlord sale plans".
The poll was conducted after the Budget and drew on a sample of 168 members of the National Residential Landlords Association (NRLA). Pegasus Insight carried out the research.
What This Means for Letting Agents and Inventory Clerks
The headline figure — 52% of surveyed landlords intending to sell within 12 months — points to potential changes in the private rented sector's stock of available rental homes. For letting agents, a rise in landlord exits could mean more instructions to sell, more tenancies ending, and shifts in local rental supply. For inventory clerks, it could mean more check-out and check-in activity as tenancies end and properties change hands.
The report does not set out which regions or property types are most affected, nor does it specify the timing of sales beyond the 12-month window. It also does not detail the specific tax measures cited by respondents. The findings are based on a poll of 168 NRLA members, and the report does not state how the sample was selected or how broadly the results can be generalised.
What the Source Does Not Say
The source item does not include named spokespeople, direct quotes, or additional statistics beyond the 52% and 14% figures. It does not state the total number of landlords in the UK, nor does it estimate the number of properties that might be sold. It also does not provide a breakdown of the tax changes referred to, beyond attributing them to Labour.
Letting agents and inventory clerks should treat the poll as an indication of sentiment among the surveyed NRLA members rather than a definitive forecast of market-wide sales. The report does not include follow-up data on whether intended sales have proceeded.
Source: Property118