Tag: Office for Budget Responsibility

UK Housing Market Cools as Mansion Tax and Rate Hikes Weigh on Prices

UK Housing Market Cools as Mansion Tax and Rate Hikes Weigh on Prices

UK house prices dipped 0.6% in Sept 2025 as Rachel Reeves' mansion tax and rising mortgage costs cool the market. RSM UK slashed its 2025 growth forecast to just 1%, while first-time buyers face deeper barriers.

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