Scotland’s landlords have warned the Scottish authorities that growing property taxes will worsen the housing disaster.
This comes after UK Chancellor Rachel Reeves elevated revenue taxes levied on property by 2% from April 2027.
The Scottish Finances will probably be held on 13 January 2026.
John Blackwood, chief govt of the Scottish Affiliation of Landlords, stated: “If the cupboard secretary chooses to observe the Chancellor’s lead by imposing further taxes on Scotland’s landlords, she is going to actively worsen the housing disaster.
“Many landlords in Scotland are already contemplating decreasing the dimensions of their funding or leaving the sector totally, taking their properties with them.
“Slightly than making funding much less engaging, Shona Robison ought to work with landlords to encourage funding to assist us create a non-public rented sector that works for everybody.”
Scotland’s landlords are involved that cupboard secretary for finance and native authorities, Shona Robison, is making ready to hammer the personal rented sector (PRS) in Scotland with the same tax when she delivers her Scottish Finances.
Extra property taxes would discourage funding in Scotland’s PRS, leading to fewer properties being obtainable to hire as landlords go away the sector, in response to the Scottish Affiliation of Landlords.
At First Minister’s Questions final week, Scottish Conservative chief Russell Findlay raised the problem, asking John Swinney if he accepted that “new tax might additional injury the rental marketplace for tenants?”
Latest coverage shifts, together with impending hire controls, have resulted in lots of Scottish landlords, 90% of which personal one or two properties, decreasing their portfolios or leaving the sector totally.
The Scottish authorities has been urged to incentivise funding within the sector and work with landlords.
