Pressure group urges scrapping new buy-to-let and stamp duty taxes - Houseladder.co.uk

The TaxPayers’ Alliance says the three per cent stamp duty surcharge on buy to let and holiday home purchases will help some prospective buyers but will hurt tenants in rented accommodation.

The reduction in mortgage interest tax relief, recently detailed by the government, will also advantage prospective buyers at the expense of tenants, while it and the SDLT surcharge combined will “distort housing markets, with implications for incomes, employment and overall welfare.”

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Pressure group urges scrapping new buy-to-let and stamp duty taxes - Houseladder.co.uk
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