Government plans to introduce stamp duty on the sale as well as the purchase of new homes have been attacked for doing nothing to help the housing crisis.
The prime minister’s strategy unit is understood to be examining the move as a way of tackling spiralling house prices in the South-east. It is designed to encourage homeowners to move on, as the longer an owner stays in their home, the higher the stamp duty will be when they sell it.

But Liberal Democrat housing spokesman Adrian Sanders MP ridiculed the scheme, saying the real problem was “too much money chasing too few properties”.

He said: “What Britain needs is more properties on the market, not a nonsense plan like this, which is simply the government pretending they are dealing with the housing crisis.”

Source

Housing Today