Despite months of kite-flying, Rachel Reeves made no mention of the creation of an annual property tax or the abolition of stamp duty in her Autumn Budget, but hundreds of thousands of London homeowners will be wondering what her plans for a new High Value Council Tax Surcharge mean for them.
The late-scheduled Budget, coming a month later than last year, has been blamed for creating uncertainty and leaving would-be buyers and sellers in wait-and-see limbo in an already stagnant housing market.
