Angela Rayner has kept the door ajar for a new property tax which would land London with an additional £7.5 billion bill. The Housing Secretary highlighted criticism of the current council tax system and said any replacement would be a matter for the Budget, expected in the autumn. The landmark reform would see the capital's tax property bill increase by an estimated £7.5 billion. London experts say people who own a £600,000 home in the capital could see their property tax bill go up by £800. Green Party leader Zack Polanski criticised the Government over rent controls (PA)However, her stance on rent controls was immediately criticised by Green Party leader Zack Polanski and former Labour leader Jeremy Corbyn, MP for Islington North.