Homes worth more than £2mn set to be hit by Budget raid
‘Mansion tax’ set to affect more than 100,000 properties, mostly in London and the south-east
Related reading
Homeowners rush to price properties just under ‘mansion tax’ thresholds
Estate agents say ‘bunching’ practice likely to pick up pace ahead of start of surcharge in April 2028
How London’s housing market stagnated
The introduction of a so-called mansion tax in this year’s Budget is likely to depress prices in some parts of the capital even…
Chancellor swoops on landlords and wealthy homeowners
Rachel Reeves unveils increase in property income tax as well as ‘mansion tax’ on expensive homes
Rachel Reeves plans Budget tax raid on expensive homes in England
UK chancellor predicted to plump for ‘least worst option’ of creating higher council tax bands
Rachel Reeves under pressure to scale back Budget raid on expensive homes
Labour MPs warn chancellor that a possible £1.5mn threshold for the new levy would be too low
Rachel Reeves’ ‘mansion tax’ to hit about 160,000 homes, says fiscal watchdog
OBR analysis estimates one-fifth of affected property owners will appeal revaluations