Nov
22

U.K. Curbs Home-Buying Taxes While Unveiling Land-Banking Review

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U.K. Chancellor of the Exchequer Philip Hammond’s measures to help young people into the housing market underwhelmed investors and sent home-builder stocks tumbling.

In his budget speech Wednesday, Hammond abolished stamp duty for first-time buyers of homes worth up to 300,000 pounds ($398,000) as the Conservative government sought to regain support among the younger voters who abandoned them at the last election…

U.K. Curbs Home-Buying Taxes While Unveiling Land-Banking Review

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Categories : Real Estate

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