The Stamp Duty surcharge on second homes is popular with the public, it has been claimed.
A survey for the HomeOwners Alliance shows that more than twice as many people support the 3% surcharge than oppose it.
According to the poll, 47% are in favour of it and 18% are against it, with the remainder being neutral.
In the south-west, which has a high proportion of holiday homes, 59% of the public support the surcharge.
The survey, also conducted for BLP Insurance, was by YouGov which polled just over 2,000 adults.
Paula Higgins, chief executive of HomeOwners Alliance, said: “The British public believe that homes are for living in and not speculating with.
“The Stamp Duty surcharge might be bad for landlords but it will allow more young people to realise their dream of owning the roof over their head.
“This is why we initially called for the tax system to differentiate between aspiring home owners and property investors. However, we must see the money raised ploughed back into building more affordable housing.”
Comments (6)
“The Stamp Duty surcharge might be bad for landlords but it will allow more young people to realise their dream of owning the roof over their head.” Where do they dream up this deluded nonsense?
I will probably get pelters for this but…..
Lets be honest the majority of the general public have no idea how this will effect the market, they are nowhere near educated enough to make an assessment.
Problem is a classic case of “My mate down the pub” syndrome. They have heard a snippet of news that this is good because ……… guess what? Has come from the government introducing it! strange they support it.
Just like John trying to tell you how to sell or rent his house because his mate down the pub told him ….
Problem is no balance, and they are not interested in hearing the real effects. Its a case of i like what i hear i will support it!
Another prime example i hear people bleating on about ‘Affordable Housing’ thinking they can solve the housing crisis. However these same people believe affordable housing is 3 bedroom semi’s for £50,000 when they tend to go for £350,000 – The public do not know what affordable housing is.
Smile please I make you 100% correct.
The problem with housing and the public is that because they own one then they believe they are experts.
They probably also own a laptop but that doesn’t make them computer experts.
Housing the only subject in the UK where the man in the street is an expert.
I hope those who are against making it difficult for landlords are prepared to buy their adult children a home if they can’t find one to rent.
‘ “The British public believe that homes are for living in and not speculating with.’
Whether or not the British public actually do believe that, it is a great pity that politicians from Thatcher onwards did not grasp the truism and act upon it.
Any info on the sample size or location?
All I will say is the individuals we have spoken to (not landlords) but they are all of the opinion it’s a bad idea for pensions / investments. They believe renters will be penalised with higher rents and or not as modern property.
Our sample is not a scentific one bit is from a well educated area.