Landlords Plan Rises to Cover Additional Costs

Undoubtedly one of the biggest stories of the Autumn Budget Statement was the scrapping of tenant fees for lettings agents. Billed as a boon to renters, other parts of the market saw this as yet another move to punish private landlords on the back of the Stamp Duty rise earlier in the year.

However, with lettings agents unlikely to be willing to roll over and accept a squeeze on their incomes, many predict that the industry will still find a way to extract the same amount of money from tenants – and most see rent rises as the way in which this will happen.

When buy-to-let turns on you, give build-to-rent a chance

Respondents questioned by online letting agent showed that four out of 10 UK landlords plan to increase rents to combat the removal of tenant fees. Only a third of the respondents say they will not raise their rents.

James Davis, Chief Executive Officer and founder of, says,

Once again a measure that has been brought in to punish landlords has come home to roost.”

“Due to the chronic housing shortage we face in the UK, the lettings market is under immense pressure and this attempt to help potential first time buyers has actually done more harm than good. Instead of punishing landlords, we need to find ways to increase the supply of quality and affordable rental property to help house the millions of people who need it. Frustratingly for everyone involved, this research suggests that landlords will be left with no choice but to further increase rent.”

The survey results further showed that 42% of landlords plan to raise rents, 24% are unsure and 33% say they will not pass on the cost to renters.

The research also revealed that 75% of landlords have no plans to sell their buy-to-lets, despite a barrage of charges inflicted on them over the previous 12 months.

3 Things Renters Do To Save – An Infographic

Rather than save hard-pressed renters money, the survey means that potentially two-thirds of tenants, or up to 2.6 million renters, could face a permanent increase in rent as a direct result of last week’s announcement.

Meanwhile, at the other end of the market, The Times reported on a potential new phenomenon where well-heeled and cash-rich downsizers choose to live out their retirement in the heart of the city, rather than out in a rural idyll. According to the article in the Bricks & Mortar supplement, those choosing to move out of the larger family homes are buying apartments in the same city-centre developments as their friends, citing the social aspect alongside the increased opportunities to avoid loneliness in old age.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:


Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment


Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:


+44 (0) 333 123 0320

Open from 9am-6pm GMT


+852 6699 9008

Open from 9am-6pm HKT