Shallow government continues its drive to ‘push up’ house prices:

Once again, a decision not in the favour of the future of our nation taken by the current government, a trying to show we are doing something action that in fact will have yet again more negative repercussions for the country.

Most of us will fully realise that the supposed beneficiaries of this tax break will get absolutely nothing as those looking to sell, many of whom have been on a crest of a tsunami wave of house price increases in recent years will simply say ‘well, if you dear purchaser will get to save say 2% on your purchase costs then I might as well continue my greed and have that myself so that way we are both happy, you have lost nothing and I gain that extra tax break given by the government who is in fact our best friend…

Surely, something like a £3,000 government voucher for improvement works for first time buyers / properties below £300,000 would be so much better, keeping some greedy house sellers from licking their lips and if restraints like you can only employ local tradesmen that qualify for this voucher system then the government is simply wisely investing to put money back in to the system… ?

Anyway, with such a weak government that are still defying 51.9% of the participating UK electorate and willing to throw billions to keep Merkel and co happy in the EU, it is no surprise this recent decision on stamp duty… In fact, why don’t though just cut out the middle man and simply add an enforced extra 0.3% on house prices?

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Rightmove logo
Breaking News

North-South divide for time to move as Londoners see longest wait

New analysis reveals a north-south divide in the time it takes to move home: In London it takes 174 days on average to go from agreeing a sale to completing a move, whereas it takes 141 days in the North East Scotland is the fastest part of Great Britain at 98 days, due to the…
Read More
Letting Agent Talk

Dispelling the top five biggest letting agent myths

By Sophie Danes, Group Director of Property Management, Lomond   This year has seen the introduction of the seismic Renters’ Rights Act (RRA) as well as other changes affecting the private rented sector (PRS) coming into force, such as the rollout of Making Tax Digital (MTD). As a result, more than ever before, there is…
Read More
bank of england interest rate
Breaking News

Bank of England Holds Interest Rates at 3.75%

Colleen Babcock, property expert at Rightmove says: “There’s stability for now as the Bank of England holds its Base Rate as widely expected. We’ve seen average mortgage rates increase over the last few weeks as geopolitical tensions have escalated, and the average two-year fixed rate is currently coming it at 5.11%. For broader context, this…
Read More
New Builds 2020
Breaking News

Average new-build value to surpass £400,000

The latest research from UK Property Development has found that the average price of a new-build home in England is on course to exceed £400,000 by 2027, having risen steadily over the last decade alongside sustained growth across the wider British market. The research analysed average new-build house price data across Great Britain and its…
Read More
Breaking News

Money and Credit – June 2026

These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals increased to £7.7 billion in June, from £3.3 billion in…
Read More
Breaking News

Price of a sea-view home up 27% since 2019

The average asking price for a home with a sea-view in Great Britain is £298,810, up from £235,635 in 2019 (+27%) Average sea-view asking prices have risen by more than 50% since 2019 in both the East Midlands and Yorkshire & The Humber The South East remains the most expensive region for a sea-view home…
Read More