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UK House Prices Slow Amid Tax Reform Proposals

9/2/2025

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Summary

Story summary

UK house price growth decreased to 2.1% in August from 2.4% in July, with a 0.1% monthly decline.
The average home price is £271,079, with cash buyers accounting for approximately one-third of sales.
Proposed property tax reforms include eliminating stamp duty and implementing a National Insurance levy for landlords.
Experts express varied opinions on how these changes may affect the housing market.

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Story summary

UK house price growth decreased to 2.1% in August from 2.4% in July, with a 0.1% monthly decline.
The average home price is £271,079, with cash buyers accounting for approximately one-third of sales.
Proposed property tax reforms include eliminating stamp duty and implementing a National Insurance levy for landlords.
Experts express varied opinions on how these changes may affect the housing market.