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Telegraph

Why Britain’s vital landlords face wipeout under Labour

Telegraph
Summary
Nutrition label

73% Informative

A London landlord in higher rate income tax band would have made 2,200 profit on a 500,000 property with a 75pc LTV two-year fixed buy-to-let mortgage in 2013 , according to analysis from estate agents Hamptons.

In 2024 , the same landlord would have lost 1,300 profit despite near-identical mortgage rates.

Supply to the rental market has stalled as landlords sell 300,000 more properties than they bought since 2016 .

Last year , the same landlord would have made a loss of 1,894 with mortgage rates at 6.14pc .

This year , with rates very close to 2013 levels at 4.33pc , the landlord’s profit would have halved to just 714 .

London landlords tend to have less headroom because yields are often lower.

VR Score

76

Informative language

75

Neutral language

20

Article tone

semi-formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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