Why are some landlords leaving the market ?

Here are the changes going back 10yrs.......

• 2016 — 10% Wear & Tear Allowance abolished
• 2016 — 3% SDLT surcharge introduced for additional properties
• 2017–2020 — Section 24 mortgage interest tax relief phased out
• 2018 — HMO licensing expanded and stricter standards introduced
• 2019 — Tenant Fees Act banned most tenant fees
• 2019 — Homes (Fitness for Human Habitation) Act introduced
• 2019 — Lettings Relief for CGT heavily restricted
• 2020 — CGT reporting/payment deadline introduced (30 days, later 60)
• 2020 — Electrical Safety (EICR) checks became mandatory
• 2020 — Minimum EPC rating of E required for most rentals
• 2020 — Full implementation of Section 24 tax changes
• 2020 — COVID eviction bans and extended notice periods
• 2021–2023 — Fire safety obligations tightened
• 2021–2024 — Capital Gains Tax annual allowance reduced
• 2021–2025 — Expansion of selective landlord licensing schemes
• 2022 — Renters Reform Bill proposed major tenancy reforms
• 2023–2025 — Increased protections for tenants with pets, children, and benefits
• 2024 — Residential property CGT rate reduced from 28% to 24%
• 2024 — SDLT surcharge increased from 3% to 5%
• 2024 — Multiple Dwellings Relief abolished
• 2025 — Furnished Holiday Lettings tax regime abolished
• 2025–2026 — Section 21 “no-fault” evictions abolished
• 2025–2026 — Fixed-term ASTs largely replaced by periodic tenancies
• 2025–2026 — Annual rent increase restrictions introduced
• 2025–2026 — Mandatory landlord Ombudsman scheme introduced
• 2025–2026 — National landlord Property Portal introduced
• 2025–2026 — Ban on rental bidding wars introduced
• 2025–2026 — Stronger civil penalties for landlord non-compliance
• 2026 — Making Tax Digital quarterly reporting starts for landlords