Autumn Budget 2026: what is confirmed, and what to watch
The Budget lands on Wednesday 28 October. Here is what is already settled for property, what is expected, and what has been ruled out.
Written before the Budget. Figures reflect what has been confirmed or reported as of 26 October 2026.
The Chancellor delivers the Autumn Budget on Wednesday 28 October. For property, a lot is already decided. The biggest open questions are the detail of the new first-time buyer scheme and whether tax on high-value homes and capital gains moves.
01Already confirmed
These are set, whatever happens on the day.
MeasureStatus
Stamp dutyThe Prime Minister has ruled out changing or scrapping it in this BudgetUnchanged
Your First Homes schemeNew builds in England. 2.5% deposit, 20% government equity loan. Household income caps of £110,000 outside London and £140,000 in LondonConfirmed
Property income taxFrom 6 April 2027, rates rise to 22%, 42% and 47%April 2027
Making Tax DigitalFrom April 2027, applies to landlords with gross income over £30,000April 2027
High Value Council Tax SurchargeHomes in England over £2m, £2,500 to £7,500 a yearApril 2028
Private rented sector database£65 per property per year, rolled out region by region15 Dec 2026
02What to watch on the day
Reported or expected, but not confirmed.
- Your First Homes: the full rulesPrice caps, loan terms and London loan sizes are expected at the Budget, with pre-registration expected to open by the end of 2026.
- First Time Buyer ISAExpected to replace the Lifetime ISA. The bonus, annual limit, price cap and launch date are still to be set.
- Mansion tax thresholdA lower threshold of £1.5m has been reported, though some reports say it has been dropped.
- Capital gains taxAligning rates with income tax is widely predicted. Residential gains are taxed at 18% or 24% today. Nothing has been announced.
- Holiday lets and council taxTreating holiday lets as second homes for council tax has been reported, but is unconfirmed.
03Ruled out
Not in this Budget
Stamp duty changesThe 5% surcharge on additional homes stays for now
Replacing council taxNo immediate plans, says the Prime Minister
Rent controlsRuled out by the Housing Secretary
Also this month
Bank of England, 5 NovemberThe next rate decision, a week after the Budget
Base rateHeld at 3.75% in September
04Who it affects
Sales agentsFirst-time buyersYour First Homes and the First Time Buyer ISA are the ones to watch
LandlordsApril 2027Higher property income tax and Making Tax Digital from £30,000
Holiday let hostsCouncil taxWatch for any change to how holiday lets are treated
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