The Autumn Budget 2024 is set to be delivered by the Chancellor of the Exchequer in Parliament on Wednesday (October 30). Rachel Reeves, who was given the role of Chancellor after Labour's landslide victory in the last general election, will lay out the government’s plans for spending over the next year.
The Labour party has said it will need to make 'tough decisions' after claiming to have inherited a £22bn 'black hole' in the public finances from the Conservative government.
A number of changes are expected to come into force in the property sector, with experts predicting announcements to be made on stamp duty, council tax and housing targets. READ MORE: Manchester named UK's second 'most unaffordable' place to rent behind one London borough Ahead of the Autumn Budget, property experts have shared some insight into what could changes homeowners and renters can expect to see.
The Government are widely tipped not to extend the reduced Stamp Duty threshold in April meaning many buyers will face larger than expected tax bills if they fail to complete in time.
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