The majority of transactions helped by the Stamp Duty holiday will be sales brought forward from next year, analysis claims.
A report by The Office for Budget Responsibility (OBR), which analysed Chancellor Rishi Sunak’s economic update from last week, predicted the Stamp Duty holiday would increase the number of transactions by around 100,000.
It said around a quarter would be truly additional and three quarters would be brought forward.
The OBR, which analyses the UK’s public finances, predicted house prices would rise by around 0.5% as a result of raising the Stamp Duty threshold to £500,000.
Its report predicts the holiday will cost the Treasury £2.5bn in total.
Comments (1)
I have a sanitiser product dispensed as a foam that creates a chemical ‘glove’ on the hand that works as an anti virus and antimicrobial for around 4 hours. This means anything viewers and I touch doesn’t contaminate a surface and the product neutralises any contamination that touches our hands. On viewings I open all doors before the viewer arrives and we keep 2m apart.
In the shop, we don’t have a desk-heavy set up. We have a butchers block as a desk about 2/3 into the lenght of the shop, so far away from the door. We’ve got a settee and two armchairs so people can sit on these and be 4m away from where either of us is at the block!
I have OCD that is sensory and skin related and wearing a mask on my face will be an issue. I have been having obsessive thoughts about needing to until I realised I could wear a plastic visor instead. I have 4 from a company I know who are 3D printers and are selling small quantities. The visor doesn’t touch my face and sits on my head with a removable washable cloth headband.
Wearing the visor means nothing touches my face, I’m not breathing on anyone and people can still see my face and read my lips. I know many people with hearing loss who wear hearing aids but also rely on lip reading for full comprehension. Face coverings are reducing our ablity to communicate effectively and the visor is better for everyone in this regard.
See who’s 3D printing near you for a visor or ask me and I’ll let you know my supplier.