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With plans announced to raise the council tax surcharge on higher-value homes, this snapshot looks at how many £2m-plus properties have actually sold across the UK this year. The data shows a highly concentrated market, dominated by London, and reveals just how small this sector is nationally despite the noise around a “mansion tax.”
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.
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The Autumn Budget brought predictable housing and tax shifts, headlined by a 2028 levy on £2m+ homes that affects under 1% of properties but will shape behaviour for years. Landlords face tighter margins as taxes rise, while Attleborough’s market absorbs uncertainty. The measures add clarity rather than comfort as pressures build.