Story perspectives

93,000 Landlords Exit UK Market Amid Tax Reforms

9/12/2025

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Summary

Story summary

A survey forecasts that 93,000 buy-to-let (BTL) landlords will leave the UK rental market this year, a 6% decline.
HMRC reports 2.84 million unincorporated property owners in the UK, with 57% having BTL mortgages.
The number of BTL landlords fell by 65,000 from 2023 to 2024.
Tax reforms since 2016 have decreased landlord demand, aiding first-time buyers without harming renters.
The Joseph Rowntree Foundation notes that concerns over rising rents due to landlord exits have not occurred.

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Story summary

A survey forecasts that 93,000 buy-to-let (BTL) landlords will leave the UK rental market this year, a 6% decline.
HMRC reports 2.84 million unincorporated property owners in the UK, with 57% having BTL mortgages.
The number of BTL landlords fell by 65,000 from 2023 to 2024.
Tax reforms since 2016 have decreased landlord demand, aiding first-time buyers without harming renters.
The Joseph Rowntree Foundation notes that concerns over rising rents due to landlord exits have not occurred.