Government Urged To Cut Stamp Duty For Downsizers

The Treasury is being urged to extend its stamp duty cuts to those downsizing, in a bid to boost supply in the housing market. This call comes as the latest housing index shows demand from buyers has risen significantly over the past 12 months.  Haart’s housing market monitor found that the number of buyers registering with estate agents in May had risen by 44.3 per cent over the past year – and was at its highest level for two years. Over the past month the number of new buyers had risen by 3.1 per cent. Read more on the Mortgage Strategy website.

https://www.mortgagestrategy.co.uk/government-urged-to-cut-stamp-duty-for-downsizers-to-boost-housing-supply/