Housing Secretary refuses four times to rule out 'house price levy' in Budget

Housing Secretary refuses four times to rule out 'house price levy' in Budget that would hit middle-class homeowners. Chancellor Rachel Reeves could hit those with homes worth more than £2million with a punitive levy in the Budget next month. Under the proposals, reported by the Mail on Sunday, the owners of properties worth £2million and above would face a charge of 1 per cent of the amount by which the property exceeds that value.