The professional body
for the property sector

Landlords face a further rise in property income tax from April 2027, while first-time buyers will gain access to a new £4.7 billion equity loan scheme. Chancellor John Healey’s Budget, delivered on 28 October 2026, also sets out more funding for affordable homes, changes to business rates and further details of the council tax surcharge on high-value properties.

Launched in October 1996, buy-to-let followed several years of work by ARLA (now ARLA Propertymark), its members, and established UK banks and mortgage lenders. Their aim was to create finance that reflected the needs of landlords and the income generated by rented homes. Three decades on, the anniversary is also an opportunity to consider how agents, lenders, and policymakers can support investment in good-quality rental homes.

Local authorities in England will be able to apply for Empty Dwelling Management Orders (EDMOs) for homes left empty for six months, rather than two years, from 5 November 2026. This is a positive move, although EDMOs should be used only as a last resort. The measures could be enhanced by adding a requirement for local authorities to consult a qualified agent to speed up the process of returning stock to the market.