Labour Tax Double Whammy Killing Housing Demand

Labour’s pledge to deliver more “affordable homes” in the housing market is faltering, as their policies seem to be dampening demand without addressing the core issue of supply. Last week saw Labour’s ‘Awful April’ bills come into effect, with stamp duty thresholds slashed from £250,000 to £125,000 for most buyers, and £450,000 to £300,000 for first-time buyers.[…] Read the rest