{"id":971,"date":"2025-06-30T20:05:32","date_gmt":"2025-06-30T20:05:32","guid":{"rendered":"https:\/\/second-home.uk\/?p=971"},"modified":"2025-06-30T20:05:32","modified_gmt":"2025-06-30T20:05:32","slug":"two-thirds-of-landlords-plan-to-sell-in-next-12-months","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=971","title":{"rendered":"Two thirds of landlords plan to sell in next 12 months"},"content":{"rendered":"<p>\u00a0Some 69% of landlords plan to sell at least one property in the next 12 months, research from GoSimpleTax has revealed.<\/p>\n<p>The top concern (43%) among investors is changing regulations, likely referring to the Renters\u2019 Rights Bill and its abolition of Section 21 evictions.<\/p>\n<p>Only 10% of landlords are \u201cvery confident\u201d in the profitability of their rental business<\/p>\n<p>Mike Parkes, technical director at\u00a0GoSimpleTax, said: \u201cThese findings show a clear tipping point for landlords as confidence in profitability drops but costs keep rising. Many landlords are scaling back or leaving the market entirely.<\/p>\n<\/p>\n<p>\u201cIt\u2019s crucial to acknowledge that new and changing regulation is their number one concern, and that support and guidance is available.<\/p>\n<p>\u201cSome mandatory changes, such as Making Tax Digital, don\u2019t have to be a burden. With around 10 months to go, preparing for it early by getting comfortable with digital reporting ahead of time will help landlords to reduce stress and stay compliant. It should be a key consideration for any property professionals thinking about their next steps.\u201d<\/p>\n<p>Landlords have seen mixed results on rental profits in the past 12 months. Around a third (32%) have seen rental profits increase, but 34% have seen a decrease. Another 34% reported that rental profits had stayed the same.<\/p>\n<p>Only 7% of landlords said they were planning to purchase additional properties and expand their portfolio in the next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Some 69% of landlords plan to sell at least one property in the next 12 months, research from GoSimpleTax has revealed. The top concern (43%) among investors is changing regulations, likely referring to the Renters\u2019 Rights Bill and its abolition of Section 21 evictions. Only 10% of landlords are \u201cvery confident\u201d in the profitability of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":972,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-971","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 v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Two thirds of landlords plan to sell in next 12 months - 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\/buy-to-let\/two-thirds-of-landlords-plan-to-sell-in-next-12-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two thirds of landlords plan to sell in next 12 months - Second Home\" \/>\n<meta property=\"og:description\" content=\"\u00a0Some 69% of landlords plan to sell at least one property in the next 12 months, research from GoSimpleTax has revealed. The top concern (43%) among investors is changing regulations, likely referring to the Renters\u2019 Rights Bill and its abolition of Section 21 evictions. 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