UK housing market - careledger.co.uk

Housing Market Remains Stable Amid Budget Announcements

UK house price growth slowed in November, rising 1.8 per cent year-on-year compared to 2.4 per cent in October, according to Nationwide. Month-on-month, prices increased by 0.3 per cent, taking the typical property value to £272,998. Robert Gardner, Nationwide’s chief economist, said the housing market has remained fairly stable, with mortgage approvals for house purchases […]

Reeves Announces New “High-Value Council Tax Surcharge” Targeting Homes Over £2 Million

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Homeowners with properties valued above £2 million will face significantly higher council tax bills under plans unveiled by the Chancellor, Rachel Reeves. The new “high-value council tax surcharge” will be introduced in 2028, following a mass property revaluation, and is expected to generate additional revenue from some of the country’s wealthiest homeowners. The surcharge will

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