The five facts hitting the housing market hardest in the last seven days.
- Almost all home buyers trying to gazunder
https://thenegotiator.co.uk/news/uk-housing-market-news/gazundering-hits-90-of-property-deals-leading-lawyer-claims/ - FS reports this government is biggest tax raiser in 50 years https://x.com/theifs/status/1993684114067587429?s=46
- Budget “real household disposable income growth is projected to vanish over the next years.” https://www.bloomberg.com/news/articles/2025-11-26/here-are-the-main-winners-and-losers-of-the-uk-budget
- The Mansion Tax is not newsworthy, because it will probably never happen, and is easily dodged. Stephanie Flanders and Merry Somerset-Webb explain 26m30s into this podcast why (and John Stepek gives a hint: fake granny flats) https://podcasts.apple.com/gb/podcast/uk-budget-special-what-will-it-cost-you/id1654809850?i=1000738683561
- 10 million workers will be dragged into a higher tax bracket by 2031. They make up more than 60% of First Time Buyers. The tax increase will hit budgets and borrowing levels by £10-£20k or 5% of house price budgets, according to the OBR. https://x.com/moving_charlie/status/1994089716250006010?s=20
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