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Following on from the Chancellor’s Autumn Budget, this article breaks down what the new tax measures really mean for Attleborough. With the feared £500,000 property tax dropped and a targeted Mansion Tax on £2m-plus properties introduced, I explore the likely impact on local homeowners, landlords, and tenants, separating headlines from reality.
Many would-be buyers hesitate, waiting for calmer times before taking the plunge. Yet history shows that waiting often costs more than acting. While renters lose money monthly, owners build equity and stability. The market rewards time, not timing—progress starts the moment you buy.
Private renting has grown across every UK region over the last 40 years, but the scale and pace are often misunderstood. This graphic shows how uneven that growth has been, shaped largely by the decline in social housing. Understanding this shift helps explain today’s housing balance and the choices ahead.
A new £2m-plus home surcharge is billed as progressive, but its impact falls mainly on London and the South East, where many owners now face an annual bill from 2028. Critics warn it punishes long-term residents, cools the prime market and deepens regional divides, even as households weigh downsizing. Many fear a new cliff edge at £2m too.