Wednesday, March 21, 2012

No chance

Budget 2012: Property industry reactions

David Newnes, director of LSL Property Services, predicts a heavy burden on both ends of the property market as a result of the stamp duty increase: "The proof will come in the next few months, but with growing barriers to entry, this decision will give the foreign investors who are driving forward the prime market pause for thought as they look to property as a way of protecting their assets rather than increasing their tax exposure."

Posted by phil @ 12:09 PM (1872 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>