Topical Issues

Question 1

What is the current BOE base rate?

Answer 1

5% as of August

Question 2

What is current rate of inflation/

Answer 2

2.2% as of August

Question 3

What are some of the potential changes in the Autumn Budget?

Answer 3

Potentially significant changes to taxation, including capital gains tax

Question 4

are you aware of any proposed changes to the Red Book?

Answer 4

Consultation period started in August and the revised Red Book Global Standards is expected to be published in late 2025, becoming effective in Jan 25.
- some of the proposed changes include new content on modelling and guidance on automated valuation models