With the Autumn Budget looming, speculation around property tax reforms is creating uncertainty across the housing market. Rumours range from changes to Capital Gains Tax and Stamp Duty to Council Tax overhauls and new levies on rental income. The lack of clarity is already slowing activity, with many buyers and sellers adopting a wait-and-see approach.
Ed Sainter, our Oxford & Northern Home Counties advisor, shares in Country Life: “The problem isn’t tax in itself. It’s the steady leak of speculation. With no certainty about the Autumn Budget, activity has slowed and pricing is under pressure, with many pausing decisions.”
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