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More than three quarters of Estate Agent Today readers have backed the prospect of a Stamp Duty cut.
The Government is rumoured to be considering including a Stamp Duty cut or reform in its manifesto ahead of next year’s General Election.
DJ Alexander Ltd - the largest estate and letting agency in Scotland – last week said such a move would be welcomed by buyers and the property sector at a time when there was a softening of demand in the market.
Estate Agent Today readers have also backed reforms.
A poll launched last week asked if a Stamp Duty cut would help boost the property market.
More than 500 readers responded and 78% said it would help, while 15% said it wouldn’t.
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If it exists the Brit Gov't taxes it. This is a ludicrous, horrible and very high tax on homes.
When will we see the poll;
Would a stamp duty cut cause another decrease in affordability and be ultimately unhelpful to the UK?
If they got the seller to pay the same amount of stamp duty,prices would be pushed down,which should be what everyone really wants.
No-0ne gains by rising prices.
It 10 years ago a two bed terrace ie bottom rung of housing ladder,was £100,000,and a three bed semi £150,000,with inflation this becomes £200,000 for two bed,and owner thinks they have"made" £100,000,but the three bed is now £300,000 so the gap has doubled!!!!!
Help to buy pushed people to buy,but supply restricted by Local Authorities,Planners and Nimbys
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