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Savills cuts its UK house price forecast for 2026 to 2%, citing budget uncertainty, weak buyer sentiment and slower rate cuts, but expects 22% growth over five years.
Tenant rights groups report a 26% rise in rent repayment claims after revelations that Chancellor Rachel Reeves failed to licence her London rental property, triggering renewed scrutiny of landlord compliance laws.
TSB and NatWest have become the latest major lenders to reduce mortgage rates ahead of next month’s Budget, with brokers describing the cuts as “welcome relief” for borrowers and a sign that confidence is returning to the housing market.
HMRC has issued a fresh warning to landlords after stepping up enforcement against undeclared rental income, with tax experts cautioning that ignorance of the rules offers no defence against fines or backdated bills.
Peers reject key landlord amendments as the Renters’ Rights Bill nears Royal Assent, ushering in major reforms for UK property investors.
More than 5,500 UK home sellers have cut asking prices within 30 days as buyers hold off ahead of the Autumn Budget, says Springbok Properties.
The Conservatives’ pledge to scrap stamp duty on main homes won’t help landlords or investors, with Knight Frank and Savills warning it could freeze the market before the election and unevenly boost house prices across the UK.
Millennials are set to dominate the buy-to-let sector for the first time, with new research showing they will account for half of all new property investment companies in 2025 as older landlords scale back.
Kemi Badenoch has pledged to abolish stamp duty as part of her new “golden rule” for public finances, promising to fund tax cuts and reduce the deficit through £47bn in savings while reigniting Britain’s housing market.
Chancellor Rachel Reeves is preparing to unveil major planning changes ahead of the Budget to boost growth and unlock development, but ministers are divided over how far to go with reforming Britain’s planning system.
