A properly industry leader is telling that if the government wishes to ‘persuade’ landlords into granting long term to tenancies and ‘reasonable’ rent levels then they must cut PRS landlords taxes.

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Jonathan Rolande on behalf of the National Association of Property Buyers says government action must be taken immediately to ‘stave off’ a major New Year plummet in house prices.

He is demanding the Prime Minister Liz Truss’ new government to introduce “tax relief for landlords who commit to long term rental with sensible, set rent increases.”

Rolande backs up his demand by saying: “Renting longer term is a greater risk for the owner so reward them for providing more security for tenants.”

He also wants to government to consider other measures and says: .“We need to start by reforming stamp duty. A positive step would be to see zero rates for pensioners moving downmarket in terms of bedroom numbers, reduced rates for those involved in buy to let transactions and zero rates for first time buyers in less affluent areas.

“We should also look towards selling disused council land for housing with proviso it is built within one year. Where land is not bought by developers, councils should be encouraged to arrange build and rent programmes.”

This coming  Friday (September 23rd) Truss has called for an Emergency Budget to be helmed by the new Chancellor of the Exchequer Kwasi Kwarteng.

In the Tory leadership race Truss promised there will not be any new taxes introduced including no extra levies on property.

Political commentators believe the government will announce a U-turn on the recent national insurance hike and may well scrap its plan for a corporation tax rise.