UK’s property taxes highest in world according to official figures

UK’s property taxes highest in world according to official figures

The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world for the second year running.

Just as Chancellor Rishi Sunak appears to be resisting calls for an extension to the stamp duty holiday, and may be considering hiking capital gains tax in next spring’s Budget, so figures from the Organisation for Economic Co-Operation and Development show how heavily taxed the UK property sector is already. To continue reading this article, please click here
Source: Estate Agent Today



Get in touch with us

Discover this exceptional 5-bedroom Grade II Listed detached character cottage in Norfolk, set on approximately one acre. Featuring a main house with 4 bedrooms, 2 reception rooms, and a stylish kitchen, plus a self-contained 1-bedroom cottage/annexe, extensive gardens, and a gated driveway.

One of the biggest influences on Attleborough's future property market may not be first-time buyers or growing families, but child free couples. As their lifestyles and housing needs evolve, this often overlooked group could play a significant role in shaping future demand, supply and local moving patterns.

How have Attleborough house prices changed over the past year? By tracking the average price paid on a rolling 12 month basis, we can identify the underlying direction of the local market. This latest update highlights the trend and explains what it could mean for homeowners, landlords and anyone considering their next move.

Attleborough’s private rental market has undergone a dramatic transformation, with average rents rising by more than 40% since 2021. But behind the headline figures lies a more nuanced story of limited supply, changing tenant expectations and increasing pressures on landlords. So, where is the market heading, and does buy-to-let still stack up?