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

National housing figures give us a broad view, but the real story lies much closer to home. The mix of property types in a town shapes its market, its buyers and its pace. So how does Attleborough compare, and what does that mean for you? Read on to find out.

The data is clear. Nearly 42% of UK homes find a buyer within the first four weeks of hitting the market, proving those early days matter most. Serious buyers act fast, and pricing correctly from Day One creates momentum. Testing the market can work, but only briefly. Stay overpriced too long, and buyers move on. Click the link to learn more...

There is something delightfully personal about the names we give our homes, and “Easter Cottage” captures that charm perfectly. Across the country, these uniquely named homes tell stories far beyond bricks and mortar. To discover what they reveal about the property market, read on.

At Millbanks, we believe estate agency should be proactive, personal, and genuinely helpful. Discover how our investment in AI-powered technology is transforming your property journey, making it smoother and more efficient.