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.

The introduction of the Renters’ Rights Act has undoubtedly reshaped the private rental landscape across the UK. However, for those operating within the student lettings sector, the changes have brought as many questions as answers.

The UK property market is entering a new phase—one defined not by sharp shocks, but by gradual, meaningful shifts in behaviour. The latest data surrounding landlord activity offers a clear indication of this transition, revealing a market that is recalibrating in response to both economic pressures and legislative change.