With the Chancellor officially announcing a stamp duty tax break until the end of March next year, there may well be some big changes coming soon for the UK property sector.
In a new article by The Times that discusses how the stamp duty holiday will affect the housing market, Black Brick Founder and buying agent of over 20 years, Camilla Dell shared her thoughts on whether the government may even abolish the tax altogether:
“I can’t see it happening politically. They’d be accused of being a party for the rich when they are trying to help the north. Sunak’s reforms gave my buyer on a £2 million flat in St John’s Wood an extra £15,000. I think this is as good as it gets for us.”
Read the article here.