Home Business news First annual , as tax fears loom over market

First annual , as tax fears loom over market

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Rolling coverage of the latest economic and financial news

Rightmove adds that it’s not seeing any “immediate reaction” from movers to rumours that chancellor Rachel Reeves may change property taxes.

But, it cautions that speculation about the Autumn Budget risk slowing the parts of the market that are already underperforming (ie, the South, and London).

Rumours of property tax changes began swirling in mid August, and with the Budget itself not arriving until the end of November, this kind of extended uncertainty can affect market activity, especially in the higher price brackets.

Movers want to be confident in planning their moving costs.

Continue reading…Rolling coverage of the latest economic and financial newsRightmove adds that it’s not seeing any “immediate reaction” from movers to rumours that chancellor Rachel Reeves may change property taxes.But, it cautions that speculation about the Autumn Budget risk slowing the parts of the market that are already underperforming (ie, the South, and London).Rumours of property tax changes began swirling in mid August, and with the Budget itself not arriving until the end of November, this kind of extended uncertainty can affect market activity, especially in the higher price brackets.Movers want to be confident in planning their moving costs. Continue reading…