Excerpt

Affected residents of London and the wider UK have been asked to share their thoughts on the new £2 million mansion tax.

Date

1st December 2025

Publication

Reading time

1min

‘My home is no mansion’: the suburb left on the brink by new tax

Affected residents of London and the wider UK have been asked to share their thoughts on the new £2 million mansion tax.

 

Announced by Chancellor Rachel Reeves in the Budget last week, the tax is set to add a surcharge of £2,500 to £7,500 a year in council tax bills for owners of properties valued at more than £2 million.

Black Brick Managing Partner Camilla Dell shared her insights in a feature written by Martina Lees, discussing how buying agents like us are adapting to the tax news and supporting clients for future purchases.

Read the article here.

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