Chancellor Rachel Reeves has announced in the Autumn Budget that property income tax will increase by 2% from 2027. Media coverage has been quick to suggest that this – alongside other tax increases – will inevitably be passed on to tenants through higher rents or will prompt landlords to exit the market.
The Renters’ Rights Bill has officially achieved Royal Assent, marking a historic milestone for those who live and work in the private rented sector (PRS) in England.