In terms of property, the Summer Budget has dealt with changes to property tax. However, we will have to wait until tomorrow (10th July 2015) to find out what measures will be introduced to support the much needed increase in house building.

What we do know is that mortgage tax relief is to be limited on buy-to-let property. There has also been confirmation that IHT will change so that you can pass up to £1 million onto your children free of IHT and no more IHT on family homes.