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Energy efficiency linked Stamp Duty would penalise poor – Star Letter 04/03/2016

Mortgage Solutions
Written By:
Posted:
March 4, 2016
Updated:
March 4, 2016

Each week Mortgage Solutions rounds up the most opinionated and thoughtful comments of the week.

This week’s Star Letter goes to Mr.Green for his insightful comment on Stamp Duty should be linked to energy efficiency of properties – think tank

“Thus penalising the poorer people of society again. People in a certain buying range:

“1. Cannot afford stamp duty (that’s why there is a stamp duty threshold)
“2. Cannot afford to make substantial changes/costs to their property to claim stamp duty relief

“Instead of encouraging energy efficiency it will weaken the housing market significantly.”