Stamp duty rise,doubling of interest-free loans in London and more affordable homes will benefit first-time buyers, says chancellorBuy-to-let landlords and moment-domestic buyers face a spacious jump in stamp duty under plans designed to ease the path to domestic ownership for first-time buyers.
Experts said the new measures would deter landlords from buying up properties, and but could also “turbo-charge” house prices in the short term as,investors race to complete sales before the higher tax – on all properties more than £400000 – comes into force next April. Continue reading...
Source: theguardian.com