Property News · October 11, 2016

Cut stamp duty to revive housing market, says estate agency


Haart urges government to help reverse sluggish pace of activity after drop in house prices in SeptemberOne of Britain’s largest estate agencies has called on the government to cut stamp duty as it revealed that a sharp decline in interest from buyers had led to a fall in house prices in September.Haart, which has more than 100 branches across England, said UK house prices had dropped by 1.1% in September compared with a month earlier. Warning of sluggish activity in the market, haart urged the government to reverse recent changes to the stamp duty tax, which have increased the upfront costs of buying second homes and properties costing more than £937,500. Continue reading…

Source : theguardian.com
Read more…Cut stamp duty to revive housing market, says estate agency

You may also like...