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.
Lawyer: tax cuts on buy-to-lets would clear sales backlog
A property lawyer has said that tax reductions on so-called additional properties, mostly buy-to-lets, would help clear the backlog of those now on sale. Lisa Wilson, a partner at the law firm Spencer West LLP, made the claim in comments reported by Landlord Today.
Wilson said: “The introduction of the Renters Rights Act, and abolition of ‘No Fault’ evictions from May 2026 has impacted upon market activity.”
The report does not set out the specific tax measures proposed, nor any figures on the size of the sales backlog. For letting agents and inventory clerks, the comments point to how forthcoming rental legislation is affecting landlords’ decisions to sell, and so the volume of tenancies ending and properties changing hands.
Source: Landlord Today