Property118 has reported ‘As the saying goes: one step forward, two steps back. Going on to say that, just as landlords began to hope for stability, this week delivered another blow—a resurfaced video of Prime Minister Keir Starmer claiming that landlords “do not qualify as working people.”

That quote may be from last October’s scandal, but in the context of Labour’s latest rumoured tax agenda, it’s become clear:
Landlords are in serious trouble.

Trouble Mounting on All Fronts

We understand the temptation to say, “It’s not that bad,” but recent developments tell a different story:

• Inheritance tax receipts hit £800 million in April, signalling a growing tax burden on property-based wealth.

• A leaked memo calls for further cuts to IHT relief on AIM shares, adding to fears around investment uncertainty.

• Now, new signals suggest that Capital Gains Tax (CGT) may be Labour’s next target.

CGT could rise from 24% to 39%—or even be aligned with income tax at 45%.
The financial consequences could be massive for property investors.

The Window to Act Is Closing

With the Renters’ Rights Bill also around the corner, landlords are facing a perfect storm of:

• Frozen allowances

• Higher taxes on exit

• Stricter regulations

• Politically motivated reforms

What was once a secure long-term strategy is now fraught with regulatory and fiscal risk. The next phase? A full review of property taxation—and history tells us that reviews often lead to rises.

Landlords Are Already Taking Action

Over the past few weeks, there’s been a surge in landlords looking to exit the market—before these changes lock them in.

There has been

• A spike in enquiries from multi-property landlords looking to sell fast

• Strong interest from first-time buyers and private funds

• Bidding wars generated through our auction and investor network

Over 30,000 active buyers are currently waiting for the right investment. The momentum is building.