December 2, 2022

Hunt’s stamp responsibility tweak threatens weak housing market,

Hunts stamp duty tweak threatens weak housing market

Hunts stamp duty tweak threatens weak housing market

Jeremy Hunt’s plans to section out stamp responsibility cuts contradict ministers’ personal efforts to help a struggling housing market, in keeping with property consultants.

In his Autumn Assertion on Thursday, the chancellor stated cuts to stamp responsibility in England and Northern Eire introduced by his predecessor Kwasi Kwarteng will likely be phased out from March 2025.

The choice comes as ache within the housing market turns into extra obvious, with the UK’s fiscal watchdog predicting costs will fall by virtually…

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