Political party property proposals: VIDEO
- 28th April 2010
- Buying Property News
ludlowthompson comment on the three main political parties’ manifesto commitments for the housing market.
Summary of video content
Taxes on buy-to-let property
Stephen Ludlow criticises the Liberal Democrats for threatening to introduce extra taxes on purchasers of investment property, pointing out the pivotal importance of the private rental sector in offering flexible accommodation to a fluid job market.
Home Information Packs
Stephen Ludlow questions whether Conservative and Liberal Democrat plans to abolish HIPS could threaten to stall the recent recovery of the sales market.
Stephen Ludlow calls for stamp duty reforms to be extended beyond the first time buyer market to increase flexibility in the housing market to bolster the economic recovery by enabling labour mobility and downsizing by those who have lost their jobs.
Key housing market issues are buy-to-let taxes, timing of HIPs abolition, and a wider reach for Stamp Duty.
FREE & INSTANT PROPERTY VALUATION
IN JUST 60 SECONDS