Another Labour promise

Another Lasbour promise, this time to exempt first time buyers from stamp duty.

Ed Miliband intensifies the polical offensive over housing with an offer to exempt first-time buyers from up to £5,000 in stamp duty, it would apply to houses with a purchase price of under £300,000

The Labour leader hopes to fund the tax cut with a clampdown on landlords who avoid tax, a cut in tax relief for landlords who fail to maintain properties and increased taxes for foreign property investors.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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