The extent of the changes coming next spring will depend on the results of the General Election, and landlords can lobby their new MP.
“Unfortunately, landlords will be tougher when considering new tenants,” said Mr von Grundherr. “Arrears, voids and the worst case of a rogue tenant are now the main factors that make the difference between a landlord making some money overall or not, especially with house price growth being weaker.”
With the new rules applying only to private and individual landlords, many landlords are now also setting up limited companies in a bid to reduce the impact of the changes.