The Royal Institution of Chartered Surveyors (Rics) said getting rid of stamp duty on certain properties could help re-balance the market and reignite activity. Surveyors nave said an overhaul of “outdated” property taxes could give the housing market a much needed boost. Rics said the Government should investigate the changes that are needed to create a more vibrant..

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Over the next five years, it is estimated that the government’s flagship housing policy will help over 1 million people get onto the housing ladder. The following information is from the Government website: 121,500 first-time buyers have saved a total of £284,000,000 thanks to the government’s cut to stamp duty, according to official statistics released today..

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