So many variables and hoops to jump through for investors now.
You cant even have a spelling mistake or a date out by one day when giving notice to increase rent or you will be told that that notice in invalid, try again in another two years and keep the rent the same until then.
I note from the RTB summary too that if you have a tenant less than 2 years now, that if you dont increase your rent for 4 years then the max you can increase it after 4 years is 10%. But if you increase it at 2, then 3 and then 4 years the max you can gain is 12%. Yet another incentive for landlords
Picture two identical properties for sale next door to each other. One is a private residence, One is rented. If you cant sell with vacant possession you will not be selling to a private buyer. The only person who will be interested in the rental is an investor (of which there wont be too many).
Also this brings down the price of the owner occupied one next door too. So if you live next door to a rented property prepare to have your property devalued.
We've decided to sell. We're out, for the reasons I posted on AAM previously. Down to the new rules and the very likely imposition of even tighter rules without notice, which may have you unable to ever sell without the tenants.