The current house prices boom was not caused by the stamp
duty holiday, a new report has argued. The Resolution Foundation says prices
will keep rising because of pandemic-related factors like low interest rates
and changing home preferences. In fact, the think tank says the tax holiday was
"wasteful" and HMRC lost out on about £4.4bn of taxes in England and
Northern Ireland as a result. The Treasury said the policy saved jobs by stimulating
the housing market. Between June 2020 and June 2021, the average value of a UK
home increased 13.2%. Read more on the BBC website.
Too many buildings remain unsafe after Grenfell disaster, housing minister
warns
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Wajid Khan tells House of Lords remediation work is yet to start on half of
properties with unsafe cladding
Far too many high and medium-rise buildings a...
2 hours ago
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