Inflation falls for first time this year, but at what price to Home owners and Home renters

At last inflation slowed to 7.9% in the 12 months to June, but at what price to consumers - home owners and home renters.

• Homeowners with mortgages debate over spending on consumables after paying off their monthly mortgage payments. With less money to spend on any treats like takeaways, cinema and holidays, they would be looking a holidays at home and sharing cooking roles at home. I have just undertaken a rent review of a takeaway restaurant with owner complaining they have far fewer customers.

• Landlords with mortgages have to cover those rising mortgage costs to help tame inflation, as well as loose the tax mortgage relief benefit for being a landlord. There is little incentive for purchasing a property for letting.

• Home Renters have to deal with soaring rents due to the lack of property available as landlords have deserted the marketplace, as well as pass on rising mortgage costs to the tenant.

• The abolition of Section 21, with no fault evictions is a glimmer of hope for property renters, most of whom pay their rent on time and this helps remove unscrupulous landlords from the marketplace.