How VAT on school fees is hitting the property market - the example of Reading

The imposition of Value Added Tax on private school fees at the beginning of this year is having a noticeable impact on the property market, in both expected and unexpected ways.  Some parents are spending less on housing to be able to afford the fees, while others are trying to move near the best state primary and secondary schools.  Joining property commentator Anne Ashworth to look in more detail at the trends, through their effect on the town of Reading in Berkshire and more broadly, are Winkworth Chief Executive Dominic Agace, Good Schools Guide managing editor Melanie Sanderson, and Michael Foldvari of Winkworth Reading.