The first evidence of the impact of last year's Stamp Duty reforms hitting the rental market. Stamp Duty continues to be an easy tax for the Revenue to collect but it will reduce rental stock. It also makes buying and selling property much more illiquid. That doesn't make well for supporting a modern 21st century flexible and mobile workforce.

Government action in the Autumn Statement to relieve some of the market pressures created by stamp duty, combined with much needed reform of business rates to help retailers would be very welcome.