Stamp Duty

Finally those that can did!  It has always seemed to me that if changes were to be made in the stamp duty area then to specifically target first time buyers would be a sensible thing to look at. 

Great news at last, however with the mortage market seemingly having ceased up again taking a step back to the locked door attitude finding any reason not to lend, even to the brightest of clients. This doesnt seem much of a give away to me - until the lending attitudes ease a little.  I am not for one minute expecting the open doors and lax attitude of the past however sealing up the exits and withdrawing all to the vaults is going to stall the whole economic recovery.

Sensible attitudes, heavy handed goverment encouragement and money to lend is key to this measure helping anybody.

This is a good step in reviewing the Stamp Duty thresholds and how they work - perhaps the next government will be able to grasp the unfairness of the system and make it work more effectively and fairly.

We can but dream!

Tracey Khalil

Foundations turning For Sale into Sold - watch this space!