Three-Quarters of Landlords to Raise Rents After Tax Rise

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.

Three-Quarters of Landlords to Raise Rents After Tax Rise

Nearly three-quarters of landlords intend to increase rents when permitted, according to a snap poll of National Residential Landlords Association (NRLA) members. The findings follow the 2-percentage-point increase to rental income tax announced in last month's budget.

The research, from Pegasus Insight, surveyed 168 NRLA members. It found that 73% of landlords plan to raise rents at the next opportunity.

Half of Landlords Plan to Sell

The same source reports that half of landlords plan to sell due to the additional tax rise. The article states that three-quarters of landlords will raise rents, while half plan to sell over the additional tax rise.

What This Means for Letting Agents and Inventory Clerks

For letting agents, the findings show a market where a substantial share of landlords intend to push rents higher at the next opportunity, while a similar group considers exiting. Both trends affect agency workflows, from rent review processes and tenancy renewals to instructions for new sales listings.

For inventory clerks, higher sales activity could mean more check-outs and end-of-tenancy reports, alongside continued demand for check-ins and mid-term inspections on the rental side. The source does not provide a breakdown by region, property type, or portfolio size, so agents should treat the figures as a national snapshot of sentiment among the NRLA members polled rather than a forecast of specific local market conditions.

The poll was a snap survey of 168 NRLA members, and Landlord Today reported the findings. No further detail on the timing of intended rent increases, or on the profile of landlords planning to sell, is included in the source material.