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Council Requesting All Folk With 2nd Homes Register Their Details

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Whats the rationale behind this, my colleague whom has a large portfolio (18 flats in the SE) is very concerned about this, he thinks the government are looking to take more tax off him, so much he may be forced to sell.

Because as he said if you've a tennant whose signed a years contract & this tax come in & the beginning of the tennancy your stumped, you could see -ve yields.

Will be very interesting to see what happens though lets be honest 50% of the market in 99 was FTBs now less than 10% so its clear to me the government look on this tax as a nice way to pay for the every increasing jobs in the public sector

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  • 302 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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