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

Across Europe, where people live reveals striking contrasts. The UK leans heavily towards houses, unlike many countries where apartments dominate. This shapes demand, pricing and expectations at home. Is it culture or design? The answer may surprise you… read on to explore the full story.

The rental market remains active in May 2026, but conditions are changing. Demand is still strong, rent growth has eased, and tenant expectations are rising. Here is what landlords should be thinking about now.

There's a lot of talk about AI in estate agency, and rightly so. But here at Millbanks, I've noticed a worrying trend. Many agents are simply using this powerful new technology to speed up old, ineffective processes. Let me explain why I believe that's a mistake, and how we do things differently.

In today's property market, the temptation to 'test the market' with an ambitious asking price can be strong if you're not in any particular hurry to sell. However, this strategy often backfires, costing vendors valuable time, credibility, and ultimately, money. Let's explore why.