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VAT increase cancelled: what it means for the residential property marketIn a significant policy reversal, the proposed VAT increase from 15% to 15.5% - which was scheduled to come into effect on 1 May 2025 – has officially been cancelled.Here’s how Houss Rentals are changing the way tenants engage with their landlord…With a property portfolio currently consisting of over 9,500 apartments, Houss Rentals has a vacancy rate of less than 2.5%, which is a fantastic achievement as it is way below industry standard. They attribute this to three key factors: the convenience of their systems, the collection of units on offer and lastly is the consistency of their service offerings.Suburban appeal: What's driving the moveSuburbs and smaller towns, once overlooked by those tethered to urban offices, are now experiencing a surge in popularity as more people are able to prioritise lifestyle factors such as space, safety, and access to nature.