Mansion tax is more of a ‘London tax’
Proposals from the Liberal Democrats on a tax of 1% on properties worth at least £2m is nothing more than a tax on the London housing market, Knight Frank has said.
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£1bn mansion tax would slam London & the South East
The Liberal Democrats’ proposed mansion tax on £2m properties would raise £1.05bn and hit 32,500 homeowners, according to new research from property website Zoopla.co.uk.
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Lib Dems plan new property tax
A new property levy on homes valued over £1 million is to be proposed today by the Liberal Democrats, the proceeds of which would go to help low-paid workers.
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Liberal Democrats approve plans to tackle mortgage and housing crisisThe Liberal Democrat Autumn Conference has approved the party’s plans to help families who are unable to pay their mortgages and facing the threat of homelessness due to the downturn in the housing market.
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Commenting on new figures from the Royal Institute of Chartered Surveyors (RICS) showing that house sales have fallen to a record low, and house-builder Redrow’s announcement that profits have fallen by 46%, Liberal Democrat Shadow Chancellor, Vince Cable said:
The Liberal Democrats have set out proposals to help families who are unable to pay their mortgages and are facing the threat of homelessness due to the credit crunch.
Commenting on reports that the Government may temporarily suspend Stamp Duty, Liberal Democrat Shadow Chancellor, Vince Cable said:
Commenting on the publication of Sir James Crosby’s report on the British mortgage market published today, Liberal Democrat Shadow Chancellor, Vince Cable said:
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
