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The Masked Tulip

Snub For Chancellor As Ams Debate Housing

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AMs delivered a snub to the Chancellor’s plan of giving tax breaks to second-home owners, passing an amendment “deploring” Sipps.

It called on the Welsh Assembly Government to make “representations to the UK government for properties in Wales to be excluded from Sipps“.

Ms Hart replied: “I fully appreciate how over-heated the market has become in rural Wales and in Cardiff.”

http://icwales.icnetwork.co.uk/0100news/02...-name_page.html

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To be honest I doubt it'll bother GB very much, unless he thinks the issue might become a serious vote loser in the next round of elections when he hopes to be PM - but he's probably more concerned with maintaining his current reputation as a 'good chancellor'

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Guest Guy_Montag

The way round this for the Welsh Assembly would be to whack up council tax for second homes* to say... £10k.

That would put people off.

*Those that are not rented on assured tennancies.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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