The Autumn Budget has arrived — and here’s the straight, no-nonsense breakdown for anyone buying, selling or renting out property in the Forest of Dean.
New “Mansion” Tax on £2m+ Homes
A new annual surcharge hits homes over £2 million from 2028.
Not many local properties are affected, but it could shape interest from high-end buyers relocating from wealthier regions.
Landlords: A Mixed Bag — But Opportunities Are Opening
Yes, the Budget increases tax on property income.
BUT- rising pressure on some landlords means more are likely to sell, which naturally strengthens the position of the landlords who stay.
That means:
- Less competition in the rental market
- Stronger tenant demand
- Potential for higher long-term yields
- Opportunities to pick up ex-rental stock at fair prices
So while tax rises aren’t fun, the overall landscape could actually favour committed, professional landlords.
Tax Thresholds Frozen
More people move into higher tax brackets over time.
This tightens budgets slightly and affects borrowing power but it’s mortgage rates, not tax thresholds, that still drive buyer behaviour.
No Stamp Duty Changes
No cuts, no reliefs, no incentives.
Moving costs stay exactly as they are.
No New Green Grants
No fresh funding for EPC upgrades, insulation or heat pumps this time.
Bottom Line for the Forest of Dean
This Budget doesn’t transform the housing market — but it does create openings for serious landlords, keeps things steady for movers, and puts the spotlight back on affordability and mortgage confidence.
If you want the truth about how this Budget affects your plans — buying, selling or renting — just message us. Hattons will always give you the straight answer.