Property tax threat is slowing down housing market, say UK agents
Talk of the chancellor looking at a new levy on expensive homes or removing CGT exemption is making buyers warySpeculation that the chancellor could announce new property taxes in her autumn budget is likely to slow down an already price-sensitive housing market, estate agents have said.Rachel...
<p>Talk of the chancellor looking at a new levy on expensive homes or removing CGT exemption is making buyers wary</p><p>Speculation that the chancellor could announce new property taxes in her autumn budget is likely to slow down an already price-sensitive housing market, estate agents have said.</p><p>Rachel Reeves is reportedly considering a tax on the <a href="https://www.theguardian.com/money/2025/aug/18/rachel-reeves-stamp-duty-property-tax-council-tax">sale of homes over £500,000</a> and the removal of the <a href="https://www.theguardian.com/politics/2025/aug/20/rachel-reeves-considering-tax-expensive-homes">capital gains tax exemption</a> on primary residences above £1.5m as ways to boost income for the government.</p> <a href="https://www.theguardian.com/business/2025/aug/28/property-tax-threat-slow-down-housing-market-uk-agents">Continue reading...</a>
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