Chancellor Rachel Reeves is reportedly considering a new property tax raid targeting homes worth £500,000 and above, raising alarm bells among homeowners and investors. Supporters say it could help plug Britain’s growing budget deficit, but critics warn it risks punishing families, shrinking housing demand, and destabilising the property market. With the cost of living already squeezing households and mortgage rates still high, this move could have huge consequences for middle-class homeowners across the UK. In this video, we break down what Reeves’ plan could mean for you, your property, and the wider economy.
Credit to : EUREKA UK