Land Value Taxation Campaign

  • Increase font size
  • Default font size
  • Decrease font size
Home Current Affairs Unintended consequence of Stamp Duty holiday

Unintended consequence of Stamp Duty holiday

E-mail Print PDF

Buy-to-let property investors, who have long been elbowing first-time buyers out of the housing market, have emerged as unexpected beneficiaries of the stamp duty holiday announced this week.In an attempt to ease affordability for first-time buyers and re-energise the housing market, the government waived the 1 per cent stamp duty for properties under £175,000 for the next year. Is there no limit to the government's incompetence and inability to foresee the consequences of its decisions? Article in Financial Times.


We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of the site have already been set. To find out more about the cookies we use and how to delete them, see our Privacy Policy.

I accept cookies from this site

EU Cookie Directive Plugin Information