Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness. Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business. Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation. For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.
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Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness. Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business. Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation. For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.
Stamp Duty to Be Scrapped? What the Conservatives’ Promise Means for UK Homebuyers
Money Tips Podcast
15 minutes
1 month ago
Stamp Duty to Be Scrapped? What the Conservatives’ Promise Means for UK Homebuyers
The Conservative Party leader Kemi Badenoch surprised her part conference by announcing a bold pledge: to abolish Stamp Duty on residential property purchases.
For decades, Stamp Duty has been one of the biggest frustrations for buyers in the UK housing market. Whether you’re a first-time buyer scraping together a deposit, or a property investor looking to expand, Stamp Duty has always added thousands to the cost of moving.
Watch video - https://youtu.be/HkatdJ4Cryo
The Conservatives argue that scrapping it will:
Make housing more affordable for families
Encourage mobility in the market
Stimulate property transactions and economic growth
But critics warn that it could push up house prices, as buyers with extra cash bid higher, and may not solve the deeper issues of affordability. For landlords and second-home buyers, it could be a major tax saving — but will it mean more competition for first-time buyers?
From a UK perspective, this promise could reshape the housing market. If delivered, it would mark one of the most significant changes to property taxation in decades.
The policy does not include the Stamp Duty Surcharge on second and buy-to-let properties, introduced by the then Conservative Chancellor George Osbourne, who also brought in the Section 24 ‘landlord tax’.
Whilst the Conservatives are lagging in the polls, and would still have to win the next general election in three or four years’ time, the shock announcement could prompt Labour to adopt the plan to revive the flagging housing market as well as reversing Sir Kier Starmer’s declining popularity.
In today’s Money Tips Podcast, I’ll break down:
Who benefits most from this pledge
What it could mean for homeowners, landlords, and investors
And whether this is a genuine fix, or just another election headline
Watch now to find out how this promise could impact your finances.
See also:
Labour’s Coming for Your House? Rachel Reeves’ Shocking Tax Plan!
https://youtu.be/h8zYPlicIAU
Is this the right time to buy?
Watch full video: https://youtu.be/72J6Bo0sG2Q
See also:
Property or Stocks – Which Is The Best Investment For You?
“Should I invest in property or the stock market?”
Watch video - https://youtu.be/M6kWFPs8HPw
Learn more about property investing in this free webinar:
https://events.progressiveproperty.co.uk/pre-msopi/?utm_medium=In%20House&utm_leadSource=Ambassador&utm_leadSubSource=AMB0427&utm_firstLeadSource=Ambassador&utm_firstSubSource=AMB0427&utm_referrer=JH
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Money Tips Podcast
Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness. Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business. Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation. For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.