Sounds like a stuck record (showing my age I know) but Governments don't seem to understand how far reaching consequences can be when they try to use the property market to raise money through taxes. If this article is to be believed there will be worse consequences than a loss to the lettings market through targeting buy to let landlords. Increasing Stamp Duty Land Tax looks like it is slowing the market for high priced properties. This will eventually affect all of us. I'd love to be proved wrong. Wouldn't it be nice to see some policies designed to stimulate our market and encourage investment?
Stamp duty: has London finally lost its status as the luxury property hotspot of the world? The UK's property tax laws have tarnished its high-end housing market in the eyes of the world triggering an exodus of wealth