06.12.2012 - U.K: Is no news good news for the property market?
While the autumn statement seemed to offer little to boost flat mortgage market, results of Bank scheme are yet to be seen.So, where was residential property in the Autumn Statement? On the face of it, nowhere. No mansion tax - this was largely leaked prior to the statement - and no increase in stamp duty land tax were welcomed by those owning or planning to purchase higher-value properties, while there was just a fleeting mention of the 70bn funding for lending scheme and the plan to build 120,000 new homes...............................................Full Article: Source
Print