---
title: "Your Home After the Budget: Stamp Duty, Council Tax and the Rumours to Ignore"
description: A home cost under £12,000 in 1976. What the Budget means for stamp duty and council tax and what the next fifty years could mean for your children.
author: Dr Marina Nani (Editor-in-Chief)
date: 2026-10-22T15:13:00.953Z
updated: 2026-10-22T15:14:30.259Z
canonical: https://richmommagazine.com/article/your-home-after-the-budget
image: https://cdn.nanimediahouse.com/pexels-12292600.webp
categories: Money & Legacy
content_type: Analysis
region: United Kingdom
publication: Rich Dad Magazine
access: members
schema_type: Article
---

On Wednesday 28th October, Chancellor John Healey stands up to deliver his first Budget, and for weeks the speculation about your home has run ahead of the facts. Stamp duty will be scrapped, say some reports. Council tax will be torn up, say others. Before you delay a purchase or panic about a bill, it helps to separate what the government has said from what it has not.

It also helps to step back. The Budget will change a few numbers. The bigger story is what has happened to the price of a home over a lifetime, and what that price now does to relationships, to family life and to the shape of the country your grandchildren will inherit.

## What the government has already ruled out

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