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

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

What More Choice Means for Buyers This Spring

As we move through May 2026, buyers are seeing more homes come to market, but affordability still matters. Here is what today’s mix of greater choice, steady demand and higher mortgage costs means if you are planning a move.

CLICK HERE >

Check Out This Video - A Grade II Listed Cottage with a Detached 1 Bed Cottage/Annexe on 1 Acre Plot

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.

CLICK HERE >

Best Week for Residential Sales in 45 weeks...

Against a noisy global backdrop, the UK housing market has quietly surged, posting its strongest week for sales agreed in 45 weeks. Demand hasn’t vanished, it has sharpened. Well-priced homes are moving fast, while overpriced listings linger, making strategy and timing more critical than ever.

CLICK HERE >

Why Millbanks Has Invested in AI to Better Serve You

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.

CLICK HERE >