site stats Thousands of cash-poor pensioners face 8% interest nightmare on family homes in Reeves’ property levy sting – Posopolis

Thousands of cash-poor pensioners face 8% interest nightmare on family homes in Reeves’ property levy sting

CASH-POOR pensioners sitting on valuable family homes could be plunged into a debt spiral under Rachel Reeves’ new “mansion tax” plans. Reeves unveiled the levy in Wednesday’s Budget, targeting homes worth more than £2million. From April 2028, families in these properties will be slapped with an extra bill ranging from £2,500 to a whopping £7,500…

About admin