Propertymark: Pre Autumn Budget commentary regarding housing
Nathan Emerson, CEO at Propertymark comments: 
“The upcoming Autumn Budget is a key opportunity for the UK government to help boost confidence and stability within the economy, with housing playing a fundamental factor for future growth.
“With much speculation of a potential overhaul regarding Stamp Duty for those in England and Northern Ireland, it is important that any new vision brings enhanced levels of flexibility for those approaching the buying and selling process. At this point, it is important to consider any such proposals with a sense of caution until all aspects are fully understood.
“Any changes should ideally focus on creating a more fluid system that provides geographical fairness, brings greater stability within the marketplace, encourages people to consider properties that are appropriate to their needs, as well inspire and support first-time buyers on their long-term property journey.
“For those who rent, although we are starting to see early signs of rental inflation gradually slowing down, there is still immense upward pressure for consumers each month.
“Across the last year, many landlords have seen increased overheads in the form of taxation and compliance demands due to incoming regulation, such as the Renters’ Right Act, and the need to meet future energy efficiency standards, for example. Ultimately, it would be encouraging to see the UK Government taking a close look at various burdens on landlords and offering proactive support to encourage long-term investment in high quality housing.”