I don’t think it’s going to help first time buyers, that’s not the aim of it, it’s meant to clamp down on rogue landlords, which no doubt it may however a lot of decent landlords are now selling up. The main people rubbing their hands now are the big companies and banks who are buying them up in their 1000s but hey as long as Bill and Doreen who have worked hard all their life and invested into a couple of rentals as a nest egg lose out then that’s ok.
Yes I’m a landlord 👍