Stamp Duty change will only push down property prices

The mortgage rescue plan is too little too late. What about consumers who will be anxious to buy below the new Stamp Duty threshold? The change means more sellers will be forced to reduce their asking prices.

As for shared ownership and sale- and-rent-back schemes, these have been discredited by anyone with an ounce of common sense.

What security of tenure will someone have when rental agreements come up for renewal and landlords wants to sell properties for a quick profit? It’s madness. How did such a bunch of idiots end up in charge of our lives? The mind boggles.

Bill Wells

Protect & Save
By email