Autumn Budget 2025: Major Property Tax Reforms on the Horizon

The upcoming Autumn Budget could mark a turning point in UK property taxation. Chancellor Rachel Reeves is considering bold reforms aimed at modernising the system and promoting fairness across the housing market.

Key proposals include:

• Stamp Duty Land Tax (SDLT) Reform: Potential revisions to thresholds and restructuring of reliefs to better support first-time buyers and stimulate regional housing growth.

  
  

• New Annual Property Tax: A major policy shift that could replace or complement the current council tax system, introducing a recurring tax based on property value.

  
  

Potential impacts:

• Easier access to homeownership for first-time buyers

  
  

• Increased annual costs for asset-rich but income-poor homeowners

  
  

• Shifts in investment strategies and rental market dynamics

  
  

With the Budget expected in late October or early November, stakeholders across housing, finance, and local government are following developments closely, and we will of course continue to monitor for any further updates as well.

FG Solicitors will be keeping abreast of new announcements affecting the Property Sector.  For further updates click follow.

Contact FG Solicitors today on 0808 172 93 22 or complete our quick contact form for a no obligation discussion!

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This update is for general guidance only and advice should be taken in relation to a particular set of circumstances.