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 further
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 further

Politicians have long blamed a housing shortage for soaring prices, but it is tax reform that can make the market less…

‘Mansion tax’ set to affect more than 100,000 properties, mostly in London and the south-east

Estate agents say ‘bunching’ practice likely to pick up pace ahead of start of surcharge in April 2028

Drop of 2.4% in year to October takes cost of average dwelling in UK capital to £547,299

A perfect storm of policy and regulatory headwinds has slowed new construction to a trickle

Prices in capital diverge from UK growth as buyers look beyond the M25