Propertymark Speaks Out on Tax Changes in the Budget

With talks of tax changes from Chancellor Rachel Reeves in the upcoming Autumn Budget, Propertymark, the UK’s independent industry body for property professionals, has spoken out.

The message is clear: the Budget is an opportunity to support stability and boost movement in the market. Any changes to Stamp Duty and National Insurance in particular should be carefully considered.

Key concerns

Stamp Duty remains a barrier to market mobility.

The current structure of Stamp Duty continues to discourage some homeowners from moving, which restricts the natural flow of transactions across all price bands. Reducing or removing this tax would empower families to upsize, downsizers to release larger homes and first-time buyers to enter more freely. A more fluid market benefits both supply and affordability.

Housing supply and investor confidence must be protected.

Propertymark warns that further tax or regulatory pressure on landlords and investors could reduce the size of the rental sector and limit available housing overall. A balanced approach is essential to ensure both sale and rental markets remain viable, especially at a time when demand for rental homes continues to outpace supply.

What this means for buyers, sellers and landlords now

With the Autumn Budget only weeks away, there is growing caution amongst buyers and sellers who are waiting to see what the Treasury announces.

Those preparing to move will benefit from acting ahead of Budget changes, rather than waiting for the clarity that will undoubtedly trigger a surge in demand. By attaining a valuation and speaking to your local agent, homeowners can be ready to launch into an active market, whether or not reform is announced.

Landlords and investors should monitor the Autumn Budget closely, as policy decisions made this month will influence the opportunity for growth.

We will continue to analyse the situation as details emerge and are happy to help by providing clear, practical guidance. If you’d like an informal conversation or advice about your next step, whether you’re a homeowner or a landlord, please feel free to reach out to us.

Share this article