Will Labour cancel ‘tax breaks for landlords’? Here’s what it could mean for rents and house prices

A key election issue is whether the Labour party will reverse the current government's restoration of full interest deductibility for landlords. Labour previously phased out this tax advantage to improve housing affordability.

Experts debate the potential impact of another change. Some predict slightly lower house prices but warn landlords may be forced to raise rents. Others argue rents are driven by supply and demand, not tax policy. A compromise, such as a 50% deductibility limit, is considered a likely outcome.