2024 was a tough year for landlords, with Labour winning the general election and introducing new legislation that will make it even more difficult for landlords to operate in the sector.
The introduction of the Renters’ Rights Bill, EPC upgrades back on the cards, and the Budget all contributed to the strain, and left many landlords throwing in the towel.
As we move into 2025, the challenges will continue, with the Renters’ Rights Bill returning to Parliament next week and potentially becoming law by summer this year.
It’s no wonder in 2025, many landlords are simply looking for a way out and considering selling up.
Continue reading Kick-off your 2025 with cash in the bank by selling your property portfolio