May acts to tackle housing crisis by imposing levy on foreign buyers

Prime minister will attempt to take control of domestic policy agenda at Tory conference by proposing extra stamp duty

Foreign buyers of properties in the UK will have to pay a new levy, in a renewed attempt by Theresa May to tackle the housing crisis.

With concern growing among senior Tories that the party has allowed Brexit to drown out a compelling domestic agenda, plans unveiled on Saturday night will see foreign buyers pay extra stamp duty to fund a drive to tackle rough sleeping.

Continue reading...

from Property | The Guardian https://ift.tt/2Ip09sE
via IFTTT