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

The rental market continues to shift, with new rules, rising rents and affordability pressures all shaping landlord decisions. July is a good time to review your property and your plans.

Discover this appealing 4-bedroom link-detached family home in a desirable non-estate position in the pleasant small town of Hingham. Enjoy the convenience of walking distance to the village pub, shops and primary school, this property offers a generous living space, a wonderful setting and excellent potential for growing families

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.

Rental growth has eased, but tenants are still searching carefully and landlords need to stay on top of pricing, compliance and property standards as the summer moving season continues.