RESULTS of the Property118 Landlord Sentiment Survey: Q3 2026
The survey was sent to around 40,000 Property118 readers and ran from 1 to 8 October 2026. This quarter’s questionnaire was roughly twice as long as before, with 14 new questions, so we are especially grateful to everyone who gave us their time. Your answers give the sector something it badly lacks: a regular, evidence-based record of what landlords actually think and plan to do.
This is our third survey of 2026, which means that for the first time we can look at how sentiment has moved across three quarters rather than two. Three themes stand out this quarter.
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Confidence is falling. More landlords now expect property values to fall behind inflation, and almost three quarters lack confidence in the outlook for the private rented sector.
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The exit is already happening. Intentions to sell or leave remain at two thirds, as they were in the summer, and the new questions show that landlords are acting on those intentions, not just talking about them.
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Policy, not the market, is driving decisions. Asked what is pushing them to sell, and what would keep them in the sector, landlords point overwhelmingly to tax, regulation and the balance of rights between landlord and tenant.
You can read our earlier results here: and .
A Note on Comparisons
In Q2 we said we would rather show an honest gap than a false trend line, and we have kept to that principle. We only compare a result across quarters where the question, the answer options and the time horizon were identical. Where something changed, we show the Q3 result on its own and explain why.
What is comparable across all three quarters (Q1, Q2 and Q3): how portfolios have changed over the last two years, remortgaging plans, the factors that would encourage buying, the preferred structure for future purchases, ownership structure, management approach and gearing.
What is comparable with Q2 only: expectations for property values (first asked in Q2), intentions over the next three years (Q1 asked about the next 12 months), the factors behind selling (Q1 ranked only three factors, not six), the regions where landlords own property, tenant types and property types (Q1 allowed only one answer), and tax residency.
What is new this quarter: 14 questions, covering confidence, recent sales, rents, losses, Making Tax Digital, age, experience and two open questions in landlords’ own words. These set a baseline for future quarters.
Other changes to bear in mind:
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In Q1 and Q2 every question had to be answered. In Q3 every question could be skipped, so the number answering (the base) differs from question to question. We give the base for each result.
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The Q1 survey received 2,380 completed responses and the Q2 survey 2,096. Bases for each question are shown in the charts.
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Respondents are self-selecting Property118 readers, not a random sample of all UK landlords. Readers rightly raised this after our Q2 article. The results describe the views of an engaged, experienced and largely older group of landlords, and should be read in that light.
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Movements of a point or two between quarters are within normal survey variation at these sample sizes. We describe them as slight or broadly unchanged. Where something has genuinely shifted, we say so.
Confidence and Property Values
More than half of respondents (54.6%) now expect property values to stagnate or fall below inflation over the next three years, up from 48.7% in Q2. The share expecting values to keep pace with inflation has fallen from 43.3% to 38.2%, and only 7.2% expect real growth (8.0% in Q2). Base: 1,629 (Q2: 2,096).
Critical Finding: This is the largest like-for-like movement in the survey this quarter, and it is not simply the result of different landlords taking part. Among the 474 landlords who answered this question in both Q2 and Q3, the pessimistic share rose from 52.7% to 58.2%, a similar shift to the survey as a whole. For a sector whose investment case has always rested on long-term capital growth, a majority now expecting values to fall behind inflation is a significant change in three months.
Comparison note: first asked in Q2 2026, so only two data points are available.
We also asked, for the first time, how confident landlords feel about the outlook for the private rented sector over the next three years. Almost three quarters (73.6%) are not confident: 44.5% are not at all confident and 29.1% not very confident. Only 10.9% are confident (8.9% fairly, 2.0% very), 14.9% are neutral and 0.7% don’t know. Base: 1,534.
Key Insight: With fewer than 1% unsure, this is not a sector undecided about its future; most landlords have already formed a view, and it is a negative one. The gloom is consistent: at least two in three respondents are not confident in every management, gearing and portfolio-size group we examined. Confidence also tracks intentions closely. Of those planning to exit completely, 90.4% are not confident (base 376), against 28.8% of those planning to buy (base 104).
Comparison note: new question this quarter; this result sets the baseline.
Future Intentions and Portfolio Change
Asked what is most likely for them over the next three years, 40.4% of landlords plan to sell one or more properties and a quarter (25.2%) intend to exit the sector completely. Together, 65.6% intend to sell or leave, broadly unchanged from 67.7% in Q2. Only 6.8% expect to buy, down from 9.5%, while the share expecting to stay the same rose from 22.8% to 27.6%. Base: 1,629 (Q2: 2,096).
Key Insight: Two in three landlords still expect to reduce or close their portfolios within three years. The fall in buyers and the rise in those standing still look like a change in who took part rather than a change of heart: among the 473 landlords who answered in both Q2 and Q3, the share planning to sell or exit barely moved (68.5% to 68.9%). The direction of travel remains firmly towards the exit.
Comparison note: Q1 asked about the next 12 months rather than three years, so its results are not directly comparable and are not shown.
Over the last two years, 37.1% of landlords say their portfolio has shrunk because they have been selling, while just 6.5% have grown by buying. The remaining 56.4% say it has stayed roughly the same. Base: 1,642 (Q2: 2,096; Q1: 2,190).
Key Insight: Across three surveys the picture is strikingly stable: for every landlord expanding, almost six are contracting. The share reporting a shrinking portfolio is slightly lower than in Q1 (40.4%) and Q2 (40.2%), but a three-point movement is at the edge of what we can reliably detect and may reflect who responded rather than any slowdown in selling. The share growing has barely moved all year, at around 6%.
Comparison note: identical question in all three quarters, so this is a like-for-like trend.
New this quarter, we asked for the largest number of rental properties each landlord has ever owned at one time. The typical (median) respondent peaked at seven properties; the average of 13.1 is pulled up by a smaller number of larger landlords. Base: 1,495.
Key Insight: Setting these answers against today’s portfolios shows how far respondents have already contracted. More than half (55.9%) now own fewer properties than at their peak, one in five (20.0%) hold half or less of their peak, and together respondents own 26.4% fewer homes than they once did. The exodus is not only an intention; for many landlords it is already well under way.
Comparison note: new question this quarter. The comparison with current portfolios uses 1,441 landlords who answered both questions consistently.
The Exit Is Already Happening
Almost a third of respondents (31.5%) have sold at least one rental property in the last 12 months. Base: 1,502.
Key Insight: This confirms that the selling intentions recorded since the start of the year are being acted upon. Sellers are also markedly less confident than other landlords: 87.3% of those who sold are not confident about the sector’s outlook (base 472), against 66.9% of those who have not sold (base 1,028).
Comparison note: new question this quarter.
We asked those who had sold who bought their properties. The most common buyer was a first-time buyer (35.3%), followed by another private landlord (29.6%) and another owner-occupier (28.8%). Corporate or institutional buyers accounted for 7.6% and sitting tenants 6.1%; 10.9% did not know. Base: 476 sellers; respondents could choose more than one option, so the figures total more than 100%.
Key Insight: Fewer than a third of sellers sold to another private landlord. Most of the properties described here are likely to have left the private rented sector altogether, bought by people who will live in them. Large-scale institutional investors, often presented as the answer to the shortfall in rental homes, bought from fewer than one seller in thirteen.
Comparison note: new question this quarter, asked only of landlords who had sold.
We also asked what happened to the tenants. The most common outcome was that they found another private rental (31.5%). However, almost a quarter of sellers (23.6%) said their tenants had to leave and they do not know where they went, and 13.1% said the tenants were rehoused by the council. In 21.9% of cases the property was already empty, 9.4% of tenants bought the property themselves and 3.9% moved to another of the landlord’s properties; 13.8% did not know. Base: 457 sellers; respondents could choose more than one option.
Key Insight: When landlords sell, a substantial share of tenants leave the private rented sector or move into council housing. One seller in eight reports tenants rehoused by their council, which points to a direct cost of landlord exits for local authorities already under pressure.
Comparison note: new question this quarter, asked only of landlords who had sold.
What Would Bring Buyers Back?
Landlords ranked four possible changes in order of how much they would encourage them to buy more rental property. Results are shown as SurveyMonkey weighted scores: a first-place ranking scores 4 and a last-place ranking scores 1, so a higher score means more important. Base: 1,468 (Q2: 2,096; Q1: 2,190).
| Factor | Q1 2026 | Q2 2026 | Q3 2026 |
|---|---|---|---|
| Reversal of Section 24 | 2.81 | 2.76 | 2.82 |
| Interest rates falling | 2.49 | 2.54 | 2.58 |
| Repeal of the Renters Rights Act | 2.48 | 2.44 | 2.40 |
| Lower Stamp Duty | 2.22 | 2.25 | 2.21 |
Key Insight: For the third survey in a row, reversing Section 24 is the change most likely to persuade landlords to buy again, and the order of all four factors has not changed all year. Falling interest rates have edged up each quarter while repeal of the Renters Rights Act has edged down, although both movements are small. The Act divides opinion more than any other factor: it is the most common first choice (29.9%), yet more than a third of landlords (36.0%) rank it last.
Comparison note: identical question and options in all three quarters, so the scores are directly comparable.
We also asked which other factors influence decisions about buying. The most common was the higher income tax rates on rental income due from April 2027 (59.8%), followed by selective and additional licensing costs (51.3%), landlords’ own age, retirement or health plans (50.2%) and EPC requirements from 2030 (48.0%). Making Tax Digital and compliance admin was cited by 39.1%. Only 32.4% mentioned achievable rents and yields and 19.7% the availability of property at the right price. Just 6.8% said none of these applied. Base: 1,466; respondents could choose more than one option, so the figures total more than 100%.
Key Insight: The buying decision is being shaped far more by tax, regulation and life stage than by the market itself. Market fundamentals, rents and prices, came well behind policy. The one group that still weighs the market is those planning to buy: 56% of them cite achievable rents and 55% availability at the right price (base 100), against 29% and 11% of those planning to exit (base 351).
Comparison note: new question this quarter.
If they were to buy again, just over half of landlords (53.1%) would use a limited company (SPV). 28.9% would buy in their personal name, 11.8% through a Family Investment Company, 4.5% through an ordinary partnership and 1.7% through an LLP. Base: 1,434 (Q2: 2,096; Q1: 2,190).
Key Insight: Preferences have barely moved all year: SPV use is at 53.1%, against 52.6% in Q1 and 53.1% in Q2. The striking point is the gap between how landlords own property today and how they would buy tomorrow. 60.7% currently hold property in their personal name only, yet among those personal-name owners, fewer than half (46.0%) would buy that way again and 40.7% would use an SPV (base 819).
Comparison note: identical question in all three quarters.
What Is Pushing Landlords to Sell?
Landlords ranked six factors in their decision to sell. A first-place ranking scores 6 and last place 1, so a higher score means more important. Base: 1,499 (Q2: 2,096).
| Factor | Q2 2026 | Q3 2026 |
|---|---|---|
| Lower Capital Gains Tax | 4.13 | 4.09 |
| Higher interest rates | 4.14 | 4.09 |
| Renters Rights Act | 3.74 | 3.77 |
| New EPC rules | 3.58 | 3.51 |
| Tenants moving out | 2.72 | 2.87 |
| Death of a spouse or partner | 2.69 | 2.66 |
Key Insight: Lower Capital Gains Tax and higher interest rates are now joint first, and the order of all six factors is the same as in Q2, which suggests these are settled concerns rather than reactions to the news cycle. The Renters Rights Act matters most to those leaving: among landlords planning to exit completely (base 379), and among those who have sold in the last 12 months (base 458), it moves into first place.
Comparison note: Q1 asked landlords to rank only three factors, so its scores are on a different scale and cannot be compared. The option labelled “Renters Reform Act” in Q2 appears as “Renters Rights Act” in Q3 and is treated as the same item.
Beyond the ranked factors, we asked what else influences decisions to sell. Two factors were each cited by six in ten landlords: difficulty removing tenants who do not pay or cause damage (59.8%) and the higher income tax rates on rental income from April 2027 (59.7%). More than half (53.4%) named selective and additional licensing and council enforcement, and 46.2% their own age, retirement or health. Section 24 was cited by 40.2%, Making Tax Digital by 37.8%, rent no longer covering costs by 37.1% and proposed land value or property taxes by 36.5%. By contrast, just 5.2% said good sale prices were a factor, and only 2.2% said none of these applied. Base: 1,486; respondents could choose more than one option.
Key Insight: Decisions to sell rarely rest on a single cause: landlords chose more than four factors each on average. Almost all of the most common reasons are matters of government policy, and very few landlords are selling because prices are attractive. This is not a sector cashing in at the top of the market; it is one responding to the rules it operates under.
Comparison note: new question this quarter.
The Money: Losses, Rents and Refinancing
For the first time we asked how much of each landlord’s portfolio is making a loss after all costs and tax. Almost two thirds (62.9%) say none of it is. However, more than a quarter (26.2%) say at least part of their portfolio is loss-making: 12.7% up to a quarter, 4.9% a quarter to a half, 3.7% more than half, and 4.9% all of it. A further 7.6% did not know or preferred not to say, and 3.3% said the question did not apply. Base: 1,485.
Key Insight: One landlord in eight (13.5%) says a quarter or more of their portfolio is running at a loss, and nearly one in twenty say every property is. Losses are closely linked to borrowing: 12.5% of mortgage-free landlords report any loss (base 503), rising to 46.9% of those at 71% loan to value or more (base 128). Losses are also linked to leaving: among those whose entire portfolio is loss-making (base 72), more than half (54.2%) plan to exit completely.
Comparison note: new question this quarter; this sets a baseline to track.
Over the last 12 months, more than a quarter of landlords (26.4%) have not increased rents at all, and a further 22.6% have raised them by 3% or less on average. The most common band was over 3% up to 5% (27.2%). Only 20.9% raised rents by more than 5%, and just 4.8% by more than 10%. Base: 1,502.
Key Insight: Landlords are not uniformly pushing rents up. Almost half have held rents or raised them by 3% or less across their portfolios. Smaller landlords have been the most restrained: 37.8% of single-property landlords made no increase (base 172), against 15.0% of those with 21 or more properties (base 173).
Comparison note: new question this quarter. This is a self-reported portfolio average, not a measure of rents on new lettings.
Looking ahead 12 months, the largest group (39.3%) plan to raise rents in line with inflation and a further 10.0% below inflation. Fewer than one in five (18.6%) expect to go above inflation. Almost a quarter (22.8%) plan to hold rents where they are, and 0.9% expect to reduce them; 5.4% don’t know and 3.0% said the question did not apply. Base: 1,497.
Key Insight: Set against the cost pressures and losses reported elsewhere in this survey, landlords appear to be passing on rising costs cautiously rather than seeking real-terms gains.
Comparison note: new question this quarter.
Around a third of landlords (33.8%) expect to remortgage at least one rental property in the next 12 months, almost identical to Q2 (34.2%) and slightly above Q1 (31.1%). Base: 1,614 (Q2: 2,096; Q1: 2,190).
Key Insight: The headline has held steady all year, but it includes the third of respondents with no mortgages at all. Among landlords who do borrow, half (50.9%) now expect to refinance within a year, up from 48.2% in Q2 and 43.8% in Q1 (bases 959, 1,392 and 1,442). For many geared landlords, the next fixed-rate expiry is close, and the terms on offer will shape whether they hold, sell or exit.
Comparison note: identical question in all three quarters.
Making Tax Digital
We asked how prepared landlords feel for Making Tax Digital (MTD) for Income Tax. 19.3% say they are fully prepared and compliant and 17.8% are getting there. A quarter (25.6%) are aware of MTD but have not started, and 5.0% are not aware of the details. One in five (20.9%) say they are not yet required to use it, and 11.4% say it does not apply to them. Base: 1,496.
Key Insight: Among landlords who did not place themselves outside its scope, almost half (45.2%) have yet to start or are unclear on the detail. Larger landlords are much further ahead: around half of those with six or more properties are prepared or getting there, against 14.5% of those with one property or none. Many smaller landlords will come into scope over the next two years as the income threshold falls.
Comparison note: new question this quarter.
In Landlords’ Own Words
We asked landlords to describe, in their own words, the single biggest issue they face right now. 1,395 did so. We grouped the answers into themes; many answers mention more than one, so the figures total more than 100%. Regulation, compliance and red tape was the most common theme (30.0%), followed by tax including Section 24 (22.4%), the government’s attitude towards landlords (22.1%), the Renters’ Rights Act, possession and tenant rights (19.1%) and rising costs, repairs and maintenance (17.0%). Interest rates and mortgages (7.5%), problem tenants and arrears (6.7%) and property values (4.2%) were mentioned far less often.
Key Insight: More than three quarters (78.1%) named an issue driven by government policy, whether regulation, tax, the Renters’ Rights Act, EPC rules, licensing or MTD. Day-to-day market pressures came a long way behind. A recurring thread was not any single rule but the sheer volume and pace of change.
Comparison note: new question this quarter.
We also asked what, if anything, would make landlords want to stay in the sector or expand. Around a quarter of the 1,314 who answered (25.4%) said nothing would, or that it was already too late. Most of the rest pointed to government: less regulation, licensing and admin (20.1%), lower or fairer tax on rental income (16.2%), fair treatment and respect for landlords (13.9%), changes to the Renters’ Rights Act or the return of Section 21 (13.7%) and reversing Section 24 (12.6%). Better returns were mentioned by 13.5% and lower interest rates by only 5.3%.
Key Insight: Almost six in ten (58.7%) named a specific change in policy or government that would keep them in the sector. Even among landlords planning to exit completely, six in ten named something that could change their mind (base 327). That is the most hopeful finding in this survey: much of the exodus is a response to policy, and policy can change.
Comparison note: new question this quarter.
Who Are the UK’s Landlords?
The typical (median) respondent owns five rental properties, the same as in Q2 and up from four in Q1. The average (mean) is 11.7 (Q2: 11.8), pulled up by a small number of large portfolios: three respondents chose the scale’s maximum of 500 or more, and the largest 1% of respondents hold about a fifth (20.8%) of all the properties reported. Together, respondents own at least 17,912 rental properties. Base: 1,531.
Key Insight: Most respondents are small to medium landlords, but a handful of large portfolios have an outsized effect on averages, which is why we lead with the median.
Comparison note: Q2 and Q3 used the same slider, so the median and mean are comparable. Q1 used a free-text box, so only the median is compared. Because Q3 questions could be skipped, the total number of properties is not comparable with earlier quarters.
Four in five respondents (81.0%) are aged 55 or over, and almost half (46.0%) are 65 or over. Just 3.7% are under 45. The largest groups are 55 to 64 (35.0%) and 65 to 74 (33.0%), with 13.0% aged 75 or over and 12.9% aged 45 to 54. Base: 1,496.
Key Insight: Many of the landlords in this survey are planning for retirement, succession or simply stepping back, and their decisions to sell will be shaped by age as much as by policy. Buying falls steeply with age: 18.6% of those under 55 plan to buy (base 247), against 4.0% of those 55 and over (base 1,210).
Comparison note: age was not asked in Q2, and Q1 used different age bands, so the results cannot be compared directly.
More than half of respondents (57.3%) have been landlords for over 20 years, and almost a quarter (23.9%) for more than 30. Only one in ten (10.7%) started within the last decade, and just 2.5% in the last five years. Base: 1,497.
Key Insight: The views in this survey come overwhelmingly from people who have seen several housing cycles, tax regimes and rounds of reform. When landlords with this experience say they intend to sell, it is not inexperience talking.
Comparison note: new question this quarter.
60.7% of respondents own property in their personal name only, 15.5% through a company and 13.9% through a mix of structures. 6.7% use a partnership and 1.5% an LLP; 1.6% preferred not to say. Base: 1,551 (Q2: 2,096; Q1: 2,190).
Key Insight: Personal ownership has edged down from 62.4% in Q1 to 60.7%, while company and mixed ownership have edged up, but each movement is small and the overall picture is broadly unchanged across the year.
Comparison note: identical question in all three quarters.
39.0% of landlords manage their properties entirely themselves, 26.1% use an agent for full management, 18.8% use a mixture and 15.6% use an agent for letting only. Base: 1,545 (Q2: 2,096; Q1: 2,190).
Key Insight: Management approach is unchanged across all three quarters, with every movement under two points. Self-management is, if anything, most common among the largest landlords. Sentiment barely differs by management approach: the share planning to sell or exit sits between 63.9% and 67.0% across the four main groups.
Comparison note: identical question in all three quarters.
A third of respondents (33.7%) have no mortgages. Among the rest, average gearing is spread widely: 13.5% under 30% loan to value, 16.0% at 31% to 50%, 13.1% at 51% to 60%, 10.9% at 61% to 70%, 7.1% at 71% to 75% and 1.7% at 76% or more; 4.0% preferred not to say. Base: 1,539 (Q2: 2,096; Q1: 2,190).
Key Insight: The share with no mortgages has risen from 29.3% in Q2 to 33.7%. Because gearing is a characteristic of who responds rather than an opinion, this mainly reflects a different mix of landlords taking part this quarter; among landlords who answered both surveys, the change was much smaller. It should not be read as landlords paying down debt.
Comparison note: identical question in all three quarters (Q1: 30.3% no mortgages).
77.4% of landlords let to working tenants, 18.6% to a mixture, 15.0% to tenants receiving benefits and 7.9% to students. Base: 1,551; respondents could choose more than one option, so the figures total more than 100%.
Key Insight: The mix of tenants housed by respondents is almost identical to Q2, with every movement within normal variation. These are the households most directly affected if landlords follow through on their intentions to sell or exit.
Comparison note: Q1 asked for a single tenant type, so it is not comparable and is not shown. Our Q2 article compared tenant types with Q1; the apparent rises in benefit and student lets then were mainly caused by that change of question format.
Houses are let by 68.9% of respondents and flats by 59.0%. HMOs (14.4%), commercial property (8.2%) and bungalows (7.1%) are each held by a minority. Base: 1,552; respondents could choose more than one option.
Key Insight: The make-up of portfolios is almost unchanged since Q2. One clear difference stands out within it: a third (33.2%) of flats-only landlords cite service charges, ground rents or leasehold problems as a reason to sell (base 352), against 5.0% of houses-only landlords (base 501).
Comparison note: Q1 asked for a single answer and grouped houses, flats and bungalows together, so property types are compared with Q2 only.
London (24.0%) and the South East (23.3%) remain the most common places to own rental property, followed by the South West (15.6%) and the North West (14.6%). Base: 1,560; respondents could choose more than one region, so the figures total more than 100%.
Key Insight: No region moved by more than two points since Q2. That stability matters: shifts elsewhere in this survey, such as the rise in pessimism about property values, are not explained by a change in where respondents own property. Intentions to sell or exit vary only modestly by region, which suggests the pressure is national rather than regional.
Comparison note: Q1 asked for a single region, so it is compared with Q2 only.
95.1% of respondents are UK resident for tax purposes and 4.9% are not. Base: 1,537 (Q2: 95.8%, base 2,096).
Key Insight: Non-resident landlords remain a small but distinct group, broadly unchanged on last quarter.
Comparison note: not asked in Q1. In Q2 respondents could tick both answers (four did); in Q3 only one answer was allowed.
What Does This All Mean?
Three surveys into 2026, a consistent picture is emerging, and this quarter’s new questions add depth to it.
The intention to leave is steady, and it is being acted on. Since the spring, around two thirds of respondents have said they expect to sell some or all of their portfolio. That figure has not moved between Q2 and Q3, even among the same landlords answering twice. What is new is the evidence that intentions are turning into action: almost a third have sold in the last year, more than half now own fewer properties than at their peak, and when they sell, most of the buyers they describe are people who will live in the home rather than other landlords.
Confidence is weakening. The clearest change this quarter is in expectations for property values, with a majority now expecting them to fall behind inflation. Combined with almost three quarters lacking confidence in the sector’s outlook, this suggests the mood among landlords has darkened since the summer, not just held steady.
The drivers are policy, not the market. Whether asked about selling, buying or the single biggest issue they face, landlords point to tax, regulation, licensing and the Renters’ Rights Act far more than to prices, rents or demand. Section 24 has topped the list of reasons to buy again in every survey this year.
Not everyone has given up. Around six in ten landlords, including many who plan to exit, named a policy change that would keep them in the sector. Most are not chasing large rent rises, and a quarter made no increase at all last year. The sector’s future depends heavily on decisions still to be made in Westminster.
These results come from engaged Property118 readers, most of them experienced landlords aged 55 or over, not from a random sample of all UK landlords. But with over 1,600 responses this quarter and consistent findings across three surveys, they offer a clear, regular and evidence-based view of how landlords are responding to the policy environment around them.
Why Your Constructive Feedback Matters
375 of you took the time to tell us how we could improve future surveys, and we have read every suggestion. More than a quarter (26.7%) said the survey works well as it is. Only 3.5% asked for it to be shorter, even though this quarter’s questionnaire took about twice as long. One in ten (10.1%) pointed to missing answer options, and one in five (21.3%) suggested new topics, led by questions about landlords’ circumstances and motives, tax and costs, and arrears and possession. Respondents could raise more than one point, so the figures total more than 100%.
Two specific issues you raised will be fixed for Q4: the question about what happened to tenants after a sale will include an option for tenants who stayed in place, and the question about your largest-ever portfolio will no longer stop at 100.
Please tell us what you think in the comments below. Which results surprised you? What should we ask next quarter? Your comments shaped the changes we made this quarter, including more detail on how we compare results and the new questions on rents, losses and Making Tax Digital.
Look out for the Q4 2026 survey at the end of December. The more landlords who take part, the stronger the evidence we can put in front of journalists and policymakers. If you know a landlord who is not yet a Property118 reader, please share this article with them.
Over the coming weeks we will publish follow-up articles exploring individual results in more depth, including how intentions differ by age, portfolio size and gearing.
