The conservatives propose to increase the Stamp duty for foreigners 3%

The conservative party of great Britain continues to surprise the audience with populist statements, trying to appease the electorate before the upcoming election. In its recently published Manifesto, among other theses, the conservatives have put forward the idea to charge foreign property buyers in the UK an extra 3% Stamp duty. This statement was a surprise to representatives of the industry of residential property. Just a year ago it was about 1% greater for foreign buyers and investors in residential real estate sector of the United Kingdom.Conservatives expect that artificially removing competitive environment between domestic and foreign buyers that they will facilitate market access to the British and stop the rising prices. Meanwhile, the property market in the UK is now in stagniruet condition and the overlap of oxygen foreign investment now could bring down the market of elite housing, awaiting better times. The market is better to solve more complex differentiation of Stamp duty. ® Angliadom . Helen Entree. G. 01.12.2019us on YOUTUBE: ANGLIADOM