Yes, it's unclear why it has been removed. It wouldn't make much sense to take it down if it was expected to be approved as is though. It would just create confusion in the interim.
Hopefully things will become clearer in the coming days.
Interesting that Stamp Duty is specifically in here, when we know from experience that any reduction of stamp duty immediately increases house prices by the same amount.
Removing stamp duty moves money from the Treasury directly into pockets of large home sellers.
“In Spain, where the Socialist prime minister has insisted that migration is an opportunity, a surge in arrivals has helped to make the country a bright spot among Europe’s plodding economies.”
How is this even a thing? Isn't the rental market full? There are more tenants than properties, that's why rents are high to start with right? So why wouldn't the landlord, the one with all the power in the negotiation just say no to a negotiation attempt?
In a country where home owners not selling their house is the fault of the government rather than the price being too high, there seems no chance this would help anyone other than downsizers wanting to put more cash in the bank.
True. But changes in stamp duty before haven't really led to changes in the number of people downsizing. Just the timings, rushes before rises, slumps before drops.
Not sure how confident we could be that there would be significant changes. When we are talking about £15k in a £500k equity release.
I would find this sort of reasoning, to encourage downsizing, the most difficult to justify.
Potential downsizer are a group of people with property wealth, who benefited from huge house price inflation, and the stamp duty would be a small percentage of their realised profits.
They're requesting targeted investment in the NHS to create the training place posts they need at this stage of their career and a reduction in international recruitment of medical professionals.
So meeting their demands creates more jobs for doctors already in their careers in the NHS.
I can't find a more recent policy, but in 2014, a FoI request confirmed that speed enforcement cameras were only placed when there had been a minimum of 4 KSI within 3 years.
I always thought trust was the main issue. Can you believe what you are told by the seller, what recourse do you have if it is immaculate and is all the information caveated with the standard survey text of 'if this is wrong don't blame me'?
