Housing minister Chris Pincher has entered the row over
Labour claiming that the stamp duty holiday announced last week was in reality
“a bung” to landlords and the private rental sector. Labour is aggrieved that the stamp duty exemption up to
£500,000 applies to all buyers, including those investment purchasers and
people wanting a vacation property. The party instead wants buy to let
landlords excluded and Thangam Debbonaire, Labour’s shadow housing secretary,
says: “It is unacceptable that the Chancellor tried to sneak out this huge bung
to second home owners and landlords while millions of people are desperate for
support. “ Read more on the Letting Agent Today website.
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