Chancellor of the Exchequer Rishi Sunak has confirmed a stamp duty holiday in a bid to boost movement in the housing market.
The change will take effect for those buying houses valued up to £500,000 and will last until 31 March 2021. The new discount comes into force immediately. As a result of the change, nine out of 10...
Brings in recurring revenue of £700,000
27,000 ‘affordable new homes’ to London
795 in Croydon
Movement could liquefy market
Completion in 3 minutes
Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers