UK housing prices rose month-on-month by 0.3%, above expectations of a stagnant 0% forecast.
Indicating that even with the anticipated budget, the UK housing market has not been affected at least yet of the policy changes regarding increased surcharges beginning for high value properties in 2028. Property taxes should not have a significant impact on the housing market according to chief economist at Nationwide. Breaking down the figures, this will only apply to less than 1% of properties across England and 3% of London properties.
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