The UK property market remains under close watch following confirmation from Prime Minister Andy Burnham that there will be no changes to stamp duty in this year’s Budget. Despite widespread speculation and ongoing calls for reform, the government has made it clear that altering or abolishing the tax is not currently on the agenda.

The rental market continues to shift, with new rules, rising rents and affordability pressures all shaping landlord decisions. July is a good time to review your property and your plans.

Andy Burnham is facing increasing pressure to support the introduction of new council tax bands for higher-value homes. These proposals are part of a wider effort to modernise a system many believe no longer reflects today’s property market.

The UK housing market continued to shift in favour of buyers throughout May, as transaction levels softened slightly and supply continued to outweigh demand in many areas. While headlines may focus on small percentage changes, the underlying story is far more significant.