London house prices record annual fall for first time in 18 months

Contributing sentiments towards policy:

53% : "Over time, more properties will get dragged into the mansion tax net, which means the proportion of terraced houses, flats and semi-detached homes will grow, particularly in the capital," he added.
51% : Questions around mansion tax Instead of an annual tax, the Treasury will implement a council tax surcharge on homes over £2m. While there has been relief that the tax is lighter than expected, analysts have still voiced concerns that it will affect middle-class Londoners who have seen the value of their homes skyrocket over the last two decades.
44% : The property platform found that "Budget speculation around property taxes has contributed to a drop in home buyer demand and sales agreed". Rumours of an annual property tax on homes worth more than £500,000 were particularly destabilising for the London market, where over 51 per cent of houses would have been affected.

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