The professional body
for the property sector

For agents in England working with landlords in this specialist market, it is vital to understand the changes, the risks, and the opportunities ahead. Propertymark has been campaigning hard to ensure student housing is not undermined by reforms designed for the wider private rented sector (PRS). The loss of fixed terms is the single biggest risk for this market, and we continue to fight for workable solutions that protect the annual student lettings cycle.

The Scottish Government has launched a consultation on proposals to align reliefs on Land and Buildings Transaction Tax (LBTT) for investor schemes with those available in England and Northern Ireland, making Scotland more attractive to large-scale investors. Propertymark supports this move but urges Ministers to give equal priority to incentives for individual landlords to ensure a diverse and sustainable property sector.

The Bill may face further amendments before final approval, which must be agreed to by both the Commons and the Lords. This process begins on 8 September, when the legislation could bounce between the two as the fine details are hammered out. For agents working to adapt, it’s a confusing time – so we’ve pulled together a round-up of the reforms, highlighting the areas that are still under discussion.