23/07/2026
Britain has a new Prime Minister: Mr Andy Burnham.
As 7th PM in a decade and a landlord himself, his appointment has sparked debate about what it could mean for property investors.
Burnham’s record sends mixed signals. As Mayor of Greater Manchester, he backed measures such as rent controls, higher fines for non-compliant landlords and stronger housing standards. He has also argued that land is undertaxed and previously suggested replacing stamp duty with a land value tax. These positions have led some landlords to worry about a tougher regulatory environment.
However, Burnham has also supported grants to improve energy efficiency, championed better standards through the Good Landlord Charter and consistently argued for greater devolution, infrastructure investment and regional economic growth. His record suggests he favours both incentives and enforcement rather than being simply anti-landlord.
Rent controls remain a big concern. Burnham has previously endorsed measures to limit rent increases but Scotland’s experience has shown the potential downsides, including reduced investment, lower housing supply and continued rent growth. With Labour committed to its current manifesto, introducing similar controls in England and Wales may not be a priority.
On tax, Burnham has criticised stamp duty and expressed interest in replacing it with a land value tax. While abolishing stamp duty may be welcomed by many, the overall impact would depend on what replaced it, making any potential changes difficult to judge.
Perhaps Burnham’s strongest track record is on regional growth. During his time as Mayor, Greater Manchester experienced economic expansion and house price growth, driven by long-term regeneration, local decision-making and investment. If similar policies are rolled out nationally, landlords may benefit from stronger regional economies and increased housing development.
Ultimately, while Burnham’s rhetoric may have unsettled landlords, his actions may prove more pragmatic. The biggest challenge is likely to be uncertainty rather than any single policy.
For now, landlords are best served by staying informed and avoiding knee-jerk reactions.