The UK economy would see benefits if the government
updated property taxes including stamp duty which discourages mobility and
dampens transaction levels, a report commissioned by the Family Building
Society found. The new report, Lessons From The Stamp Duty Holiday, drew on
surveys of lenders brokers and customers, a review of evidence of the effects
of the tax holiday and data on transaction volumes as well as the Treasury’s
tax take. Of the 40 brokers surveyed, 53 per cent believed stamp duty on
housing transactions should be scrapped permanently. Read more on the Mortgage
Solutions website.
Forced home moves cost renters over half a billion pounds a year
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There were 83,000 unwanted moves in England over the past 12 months,
meaning 40% have been forced to relocate
Unwanted home moves cost renters over half ...
10 hours ago
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