Missed budget opportunity
Series: RICS Press Release ; (pr046) 17 April 2002 (1)Publication details: 2002Subject(s): Summary: RICS argue that the chancellor missed theopportunity to help first-time buyers to gain first step on housing ladder by failing to raise the upper limit to which zero stamp duty applies. The current level of £60,000 is too low given the price of property at the moment and a raise in the limit could give a welcome boost to the market. For news release:http://www.rics.org/downloads/Housing_Mar02.pdf| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3814-17 (Browse shelf(Opens below)) | 1 | Available | 117568-1001 |
RICS argue that the chancellor missed theopportunity to help first-time buyers to gain first step on housing ladder by failing to raise the upper limit to which zero stamp duty applies. The current level of £60,000 is too low given the price of property at the moment and a raise in the limit could give a welcome boost to the market. For news release:http://www.rics.org/downloads/Housing_Mar02.pdf