Housing market slows amid fears Reeves will increase property taxes

The GuardianSunday, October 19, 2025 at 11:01:26 PM
Housing market slows amid fears Reeves will increase property taxes
The UK housing market is experiencing a slowdown as potential buyers and sellers adopt a cautious approach, particularly in the south. This hesitation is largely fueled by speculation that Rachel Reeves may propose tax increases on property in the upcoming budget. With fewer new buyers reaching out to estate agents and a decline in new sellers entering the market, this trend could signal a significant shift in the housing landscape, impacting both home values and the overall economy.
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