Rat and Mouse
Tue
11
Nov
Estate agents to Chancellor: The gravy train is over
'The Chancellor must realise that the housing market is not a piggy bank for his personal use. The gravy train is over and stamp duty cannot be used irresponsibly to boost his coffers,' said Chris Wood, President-Elect of the NAEA.

The National Association of Estate Agents is calling on Alistair Darling to announce a complete suspension of stamp duty in his pre-budget report. Will that make more of a difference than cutting the base rate? When people still fear a significant further percentage fall in house prices, will a cut in the cost of moving encourage them to splash out?

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