Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the effect of the council tax surcharge on house prices of higher valued homes, and the associated effect on the wider housing market.

House prices are affected by lots of different factors – this is forecast by the Office for Budget Responsibility in its recent Economic and Fiscal Outlook here:

https://obr.uk/docs/dlm_uploads/OBR_Economic_and_fiscal_outlook_November_2025.pdf