Stamp Duty needs fundamental reform - CML

Saying that housing affordability will be a key issue during the coming weeks as the political parties cross the country campaigning for votes the CML says the one-off adjustment to the Stamp Duty threshold does not suggest a commitment from the Government to future increases. Bradford & Bingley (B&B), launching its first quarterly mortgage market review yesterday, has also said more work is required to alleviate the pressure on first time buyers, saying the increase in the threshold still falls short of what could reasonably be expected, given the level of house price inflation over rec...