The property industry will be hoping that housing is a
top priority in the upcoming Budget. One housing measure that is expected to
get the green light is the move to introduce a 3% stamp duty surcharge on the
purchase of homes by non-UK tax residents. The new surcharge is set to sit on
top of the existing stamp duty amount for the property and the current 3% levy
on the purchase of second homes or buy-to-let properties. This means many overseas
investors will be hit with a sizeable tax bill when they buy property in
England. Read more on the Property Reporter website.
Hundreds of Blackpool families to be evicted in ‘mass dispersion’ of
vulnerable people
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Up to 400 homes face demolition under a £90m regeneration scheme that
promises only 230 replacement properties
Hundreds of families in one of England’s p...
11 hours ago
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