Mansion Tax Moves

CHANCELLOR Rachel Reeves can’t expect many Christ­mas cards this year from own­ers of expens­ive homes after intro­du­cing a ‘man­sion tax’ in last week’s Budget.Prop­er­ties worth more than £2mil­lion will have to pay thou­sands more in tax each year, with the most expens­ive facing an addi­tional tax of up to £7,500 annu­ally. But how will this affect the prop­erty mar­ket?

The new tax doesn’t come in until April 2028, so we can expect a glut of houses priced just under £2mil­lion com­ing up for sale as own­ers rush to downs­ize. Here’s how the man­sion tax might affect local mar­kets, and what £2mil­lion can buy......

PEMBROKESHIRE

The man­sion tax may actu­ally boost the West Wales mar­ket. ‘It is sure to lead to a growth in demand in cheaper areas such as Pem­broke­shire, Car­marthen­shire and Ceredi­gion,’ says Carol Peett of West Wales Prop­erty Find­ers http://www.westwalespropertyfinders.co.uk . You can buy won­der­fully grand Geor­gian houses at a great price in Tenby."

BUY IT: Water­side estate The Hall in Angle vil­lage is on sale for £1.5mil­lion with Coun­try Living https://countrylivinggroup.co.uk/property/angle-village-angle/

The Daily Mail - 5th December 2025 - 

https://www.pressreader.com/uk/daily-mail/20251205/282763477950587

NBMansion tax doesn't actually apply in Wales as property tax is a devolved matter

If you are looking to buy a property in Pembrokeshire, Carmarthenshire or Ceredigion, give Emma @ West Wales Properties a call on 07736 042516 We can find the perfect property for you whilst saving you time, stress and often money too.