Last week’s Spring Statement didn’t bring any major surprises for landlords, and for once, that’s actually good news. There were no new tax measures, no fresh compliance hurdles, and no curveballs for property investors.

From 1st April, first-time buyer Stamp Duty relief has dropped from £425,000 to £300,000 while home movers will pay from £125,000 instead of £250,000.

Chancellor Rachel Reeves has delivered her long-awaited Spring Statement.

Today the Chancellor will deliver the Spring Statement. I’d like to think that she’ll focus on the potential for growth and new beginnings along with a general sense of optimism that is symbolised by the advent of spring.

The base rate remains 4.5% amid concern about UK inflation and international uncertainty over US President Donald Trump’s on-off tariff policies.

According to figures published by HM Revenue & Customs on 23rd April 2024, Inheritance Tax receipts reached a record high of £7.5 billion in the 2023/24 tax year, a £4m increase on the previous tax year.

The UK government plans to ban the sale of new leasehold flats in England and Wales, as revealed in a commonhold white paper published this year.

In 2025, there are two key legislations that those in the building sector will want to know about due to the impact they will have on the UK’s construction industry – Future Homes Standard regulations and the Building Safety Act.