November saw the Chancellor addressing Parliament with details of the long-anticipated Autumn Budget. The announcement at least brings some certainty to what had been an edgy market.

High Value Mansion Tax Surcharge: a new tax on houses in England worth more than £2 million which will range from £2,500 to a maximum of £7,500 for homes worth £5 million or more

Fortem Property ha further expanded in Hull. We have been appointed as block manager of two adjoining buildings in the city centre, HU1.

Tenancy reform measures within the Renters' Rights Act 2025 will come into force on 1 May 2026.

From this date, every private tenancy in England—both existing and newly signed—will shift onto the new tenancy framework

In October, speculation about tax changes dampened sales activity. Rates of capital and rental growth were similar to last month’s, but yields (which were already strong) look to be improving.

Its effects on the private rental sector will be far reaching. The legislation will outlaw ‘Section 21’ no-fault evictions, and will impose a cap on rental increases. It will also put an end to fixed-term tenancies and replace them with renewable contracts.

Between July and September 2025, the UK residential property market showed its customary resilience. Despite rising inflation and media speculation about possible tax changes, average values have continued to grow, albeit at a modest pace.

In September, numerous sources reported unusually high levels of sales activity, with some hinting at renewed buyer confidence – an apparent result of more realistic pricing.

In August, different sources offered mixed messages on sales activity. House price growth remained subdued but both rental growth and yields continued to be rewarding

Fortem Property has added Forest Apartments situated in Bristol to its growing portfolio of buildings to manage

Fortem Property has been appointed as block manager across 3 new developments in July

We continue to work closely with key stakeholders in managing the day to day running of the buildings

Most price indices show a sharp rebound in housing market activity. Capital growth rates have moderated a little but yields remain impressive

This month, most price indices show a sharp rebound in housing market activity. Capital growth rates have moderated a little but yields remain impressive.

The second quarter of 2025 saw some unusual market behaviour. After the March rush to complete sales before a higher rate of Stamp Duty took effect, activity slowed in April but then gathered pace again in May and June. Indeed, the supply of homes for sale has been unseasonably high of late and this has supported a buoyant sales market.

In the wake of April’s Stamp Duty increase, market activity was a little subdued over Easter but it has since recovered. Average capital growth rates have slowed but rental growth and yields have remained very rewarding.

On 14 May 2025, a new regulation came into effect. It obliges all lettings agents to carry out a ‘sanctions check’ before taking an instruction from a landlord or before signing a letting agreement with a prospective tenant.

Showing its customary resilience, the UK residential market remained very active in April, with several indices showing strong yields and inflation-beating growth in both rents and capital values.

Despite the imminence of a rise in Stamp Duty, March was another busy month for the sales market. Indices suggest that values have risen on both a monthly and annual basis, and growth in rental incomes has also remained impressive.

Transaction rates were unusually high in January and February, but predictably more subdued in March. Overall, however, price growth remained positive, particularly in those regions where average prices are more in keeping with average earnings.

On the 3rd March 2025 the UK government announced that it is aiming to abolish the leasehold system and replace it and promote commonhold as the standard tenure for flats in England and Wales.