Relocation trends in Europe: navigating complex rental and property markets into 2025
Europe’s rental and relocation markets are facing significant challenges, including upcoming legislation, rising costs, and environmental regulations. In the UK, the Autumn Budget, led by Chancellor Rachel Reeves, could negatively impact landlords, potentially leading many to sell properties, which may create a housing shortage. This would particularly affect high-demand rental markets in cities like London, key areas for relocations.
The fear of rising Capital Gains Tax on residential properties is prompting landlords to exit the market, a trend exacerbated by the increase in Stamp Duty Land Tax (SDLT) on second homes and buy-to-let properties from 3% to 5%. NAVA Propertymark warns that these changes, along with higher council taxes on second homes, could push investors to sell, reducing rental supply and driving up rents.
