# Capital gains relief for landlords selling to tenants

> “To further support homeowners, we will introduce a two-year temporary Capital Gains Tax relief for landlords who sell to their existing tenants.”
>
> — Conservative Party; 2024 manifesto, page 55, 11 June 2024

- **Status:** Promised
- **Status ladder:** Promised → In plan → Legislated → Funded → Delivering → Delivered
- **Policy area:** [Taxes](https://ledgergov.uk/promises/area/taxes)
- **Speaker:** [Conservative Party](https://ledgergov.uk/actor/conservatives)
- **Made on:** 11 June 2024
- **Where:** 2024 manifesto, page 55
- **Cost a year:** Costs £18m to £22m a year (central £20m)
- **Who it affects:** Landlords who sell a rented home to the tenants already living in it
- **When:** Two years; the party costed it for 2025-26 and 2026-27
- **Paid for by:** Not stated for this measure; the party's costings say the manifesto as a whole is fully funded
- **Quote source:** https://public.conservatives.com/static/documents/GE2024/Conservative-Manifesto-GE2024.pdf#page=55 (checked word for word on 9 October 2026; Quoted for reporting; rights stay with the publisher)
- **Last updated:** 9 October 2026
- **Card:** https://ledgergov.uk/promise/uk-con-landlord-cgt-relief-2024

## Where it stands

The Conservatives are not in government, so the card stays at Promised.

## Timeline

- 11 June 2024, Promised: Conservative manifesto pledges a two-year capital gains tax relief for landlords who sell to their tenants

## About the cost

Year shown: 2025-26, the first of the relief's two years. Party figure only: £20m in each of 2025-26 and 2026-27 and nothing after, which the party says is based on Treasury costings (costings document, Table 1, "CGT on sales to tenants: suspend"). No official or independent costing was found. Low–high is an editorial ±10% because the source gives a central figure only.

Costing sources:
- [Conservative Party: Costings Document 2024 (PDF), Table 1](https://public.conservatives.com/static/documents/GE2024/Conservative-Costings-Document-GE2024.pdf#page=3)

## Sources

- [Conservative Party: Clear Plan. Bold Action. Secure Future, 2024 manifesto (PDF), page 55](https://public.conservatives.com/static/documents/GE2024/Conservative-Manifesto-GE2024.pdf#page=55)
- [Conservative Party: Costings Document 2024 (PDF), Table 1](https://public.conservatives.com/static/documents/GE2024/Conservative-Costings-Document-GE2024.pdf#page=3)

## Checks

- Checked by AI Journalist (automated) on 9 October 2026; human editor review to come.

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