Reeves considering tax on high-value homes to help plug hole in finances Reported plans could raise up to £40bn while preserving pledge not to raise income tax, VAT or national insurance
Wednesday briefing: Is Rachel Reeves about to overhaul the dreaded council tax? In today’s newsletter: The local tax remains based on property values from 1991. Now, with services stretched, ministers face the near-impossible task of rewriting the rules
How would potential new property tax differ from stamp duty and council tax system? Treasury officials consider shake-up that could see tax paid by sellers of homes worth more than £500,000
Reeves considers replacing stamp duty with new property tax Exclusive: Treasury examines options including tax on homes sold for more than £500,000 as well as overhaul of council tax
Farmers ask for inheritance tax meeting with Rachel Reeves NFU welcomes fresh evidence that planned changes may achieve their stated goal
Drop in new properties for rent is steepest since Covid, says Rics Monthly report from surveyors’ body sees ‘firmly negative trend’ that is expected to push up rental prices
Santander mortgage cap jumps by as much as 24% as bank eases lending rules Some higher-earning couples with smaller deposits could borrow extra £130,000 as a result of overnight changes
Average private rent in Great Britain falls for first time in five years Lower mortgage rates have helped cool rental sector after years of above-inflation increases in rent, data shows
Homelessness minister resigns after tenant eviction claims Rushanara Ali was accused of hypocrisy after claims she removed tenants before rent rise of almost £700 a month
July yields fastest rate of UK house price rises this year, says lender Cheaper mortgage rates and rising wages helped to push monthly growth to 0.4%, according to Halifax
UK house prices rebound as market recovers from June dip Average price of property rises 0.6% in July to £272,664, says Nationwide
New mortgage affordability rules help UK housing market avoid summer lull Record number of homes for sale has created ‘buyer’s market’ and kept price rises in check, Zoopla report says
Average UK house asking price registers steepest monthly drop for 20 years Rightmove blames the 1.2% fall in new sellers’ prices on the end of stamp duty discounts and more homes coming on to the market
Bangladeshis linked to Hasina regime appear to have made UK property transactions in past year Call for asset freezes after figures under investigation in Dhaka employed services of UK law firms and consultants
Sales of UK country houses rise as buyers tempted out by lower prices Deals for homes worth more than £750,000 are up 7% in June over last year with more properties on market