The 2024 Autumn Budget announced the highest tax rises in 3 decades. The FTSE fell and bond markets spiked soon after the announcement, and we have since seen inflation rise back to above the Bank of England’s target – prices went up 2.3% in the 12 months to October. This is likely to impact the fall of interest rates over the medium term.
Now that the dust has settled, what are the impacts likely to be on the real estate market?