Stamp duty holidays may be justified whilst the pandemic continues, but they are not a longterm option. What does the future hold for the holiday and local taxation for cities in the post-Covid world?
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The increase of the threshold on stamp duty is most likely to encourage movement in cities in the Greater South East as well as giving homeowners in this area the greatest benefit.
It is too soon to say whether Southern England’s recent weak house price growth is part of a broader long-term trend