Research undertaken this year found that buy-to-let investors and landlords have altogether contributed £16.1bn of pre-tax spending and the government should acknowledge the ever increasing importance of BTL property investors.

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A banking service provider's report - ‘Tracking landlords’ costs and economic contributions’ which was published earlier in the year, highlighted that on average a landlord spends £3,571 on each property not including tax or mortgage interest.

Beatrix Monotya of an insurance broker is challenging the Prime Minister to stand up for landlords and his government, and it must no longer ignore their importance to the economy. She says it is time for the government to do more in encouraging new investors into the sector.

She said: “Buy-to-let landlords contribute a combined £16.1bn to the economy through pre-tax spending, and it’s vital that Boris Johnson and his party recognise their importance to Britain.

“A lifetime deposit would bring about huge change, but with little detail published, it’s hard to see how this will work in practice, or the impact it could have on landlords.

“We know a quarter of landlords already plan to cash in next year due to government reform, tax hikes, and uncertainty in the market. The current tax increases imposed by the government are proving counterproductive, but with no promises to prevent those looking to sell from leaving, we could see half a million homes put up for sale next year alone.”