We ask the Government to abolish Section 24 finance cost restrictions for private individual landlords and apply the same tax treatment and mortgage interest deductibility rules that currently apply to limited companies and corporate landlords.

Following substantial interest rate rises, many private individual landlords are effectively being taxed on their gross rental income rather than genuine profit, despite often owning only one or two rental properties. We further believe that this unequal taxation regime is contributing to smaller landlords leaving the market, reducing housing supply and increasing rents within the private rented sector.