{"id":1876,"date":"2025-07-22T01:02:48","date_gmt":"2025-07-22T01:02:48","guid":{"rendered":"https:\/\/second-home.uk\/?p=1876"},"modified":"2025-07-22T01:02:48","modified_gmt":"2025-07-22T01:02:48","slug":"nrla-calls-for-stamp-duty-exemption-for-empty-homes-in-london","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=1876","title":{"rendered":"NRLA calls for stamp duty exemption for empty homes in London"},"content":{"rendered":"<p>Landlords shouldn\u2019t have to pay the 5% stamp duty surcharge when landlords bring empty stock back into use, the National Residential Landlords Association argued.<\/p>\n<p>NRLA was responding to government data, which showed the number of rental homes in the London dropped by 6% between 2023 and 2024.<\/p>\n<p>At the same time there are 38,000 long-term empty homes in the capital.<\/p>\n<p>Ben Beadle, chief executive of the National Residential Landlords Association, said: \u201cPrivate renters across London are facing the brunt of the housing crisis. The shortage of homes to rent is a one-way street toward higher rents and even less choice for tenants.<\/p>\n<p>\u201cLondon needs more of all types of housing, and that has to include homes for private rent. It\u2019s high time for policies that support investment in the homes renters desperately need.\u201d<\/p>\n<\/p>\n<p>The NRLA also reinforced previous demands for the court system to be improved, in light of the upcoming Section 21 ban.<\/p>\n<p>It can take six months to a year for a landlord to evict a tenant via a legitimate possession claim and use a court-appointed bailiff.<\/p>\n<p>As such, the risk of being a landlord is rising, pushing some out of the sector.<\/p>\n<p>The landlord association also called for a \u201cfinancial package\u201d to support energy efficiency upgrades.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Landlords shouldn\u2019t have to pay the 5% stamp duty surcharge when landlords bring empty stock back into use, the National Residential Landlords Association argued. NRLA was responding to government data, which showed the number of rental homes in the London dropped by 6% between 2023 and 2024. At the same time there are 38,000 long-term [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1877,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NRLA calls for stamp duty exemption for empty homes in London - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/nrla-calls-for-stamp-duty-exemption-for-empty-homes-in-london\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NRLA calls for stamp duty exemption for empty homes in London - Second Home\" \/>\n<meta property=\"og:description\" content=\"Landlords shouldn\u2019t have to pay the 5% stamp duty surcharge when landlords bring empty stock back into use, the National Residential Landlords Association argued. NRLA was responding to government data, which showed the number of rental homes in the London dropped by 6% between 2023 and 2024. 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