Tuesday, November 17, 2009
“Whatever it takes”
"The end of the Government's stamp duty holiday [for properties selling for Â£175,000 or less] will hit the housing market hardest in regions that are already failing to benefit from the recovery, the Royal Institution of Chartered Surveyors (RICS) has warned... It said surveyors in the West Midlands, East Midlands, Wales and Scotland were all expecting there to be a drop in activity in the market when the level at which the tax kicks in returns to Â£125,000 at the end of this year." Yeah, but ending the holiday will do wonders for the sale of properties priced at Â£125,000 or less!