Economics

Changes to Capital Gains Tax, Stamp Duty & non-dom status are causing concern amongst PrimeResi's panel of business leaders ahead of Wednesday's Autumn Statement.

Of the tax and housing proposals floated by the Chancellor ahead of this week's Budget event, which do you think would have the biggest impact on the prime property market and why?

What announcements would you most like to see in this week's Budget event, that would benefit the UK housing market?

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Hamptons, Stacks, CBRE, Knight Frank, Rightmove, LonRes, Enness Global & more...

'Millions of UK homeowners are sitting on tens of thousands of pounds in property value gains since they moved into their current home, despite recent falls in house prices,' says Zoopla.

New leaks from Downing Street suggest Rachel Reeves is planning to leave Capital Gains Tax on property sales unchanged, while increasing rates on other asset sales by 'several percentage points'.

The latest RICS survey results 'once again convey a brighter picture for housing market activity.'

The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Benham & Reeves, Halifax, Zoopla, Savills, Knight Frank, LonRes & more...

Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.

"Prospective tax changes in the impending budget have caused buyers to become more cautious in the prime housing markets, offsetting the benefit of lower interest rates," says Savills.

Miami, Tokyo and Zurich are still at high risk of a housing bubble, warns UBS, while London, New York and Paris are deemed to be 'low risk'.