Stamp duty holiday may revive housing market, say experts

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Summer statement raises hopes for flurry of fresh buyers entering property sector

The suspension of stamp duty on property sales of up to £500,000 in England and Northern Ireland will revive the housing market, according to industry experts, as buyers and sellers emerge from the coronavirus lockdown.

 

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Not in Wales it won't as yet 😁

Stamp duty holiday will keep house prices inflated.

Horlicks.

Lol, yay! Nothing like a giveaway to the wealthy so they can become absentee landlords and diversify the ways in which they can concentrate wealth and social power to 'boost' the market

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Rishi Sunak to cut stamp duty from TOMORROW after fears delaying would stall housing marketRISHI Sunak is set to cut stamp duty for homes up to £500k from TOMORROW after fears that delaying it will see the housing market stall for months. The Sun revealed exclusively last weekend that a … Second property stampduty surcharge should be abolished immediately and refunds made for those who paid it since its introduction same with stamp duty refunds should be made for the past 3 years of transactions as property prices will fall between 5% and 30% depending on the area
Source: TheSun - 🏆 64. / 61 Read more »