Our Patch February 2015 | Page 14

Our Patch february 2015 MARKET FORECAST THE YEAR AHEAD The dramatic recent change to stamp duty has already energised the local housing market. Sales Manager Martin Clements looks at how the new surcharge affects local buyers and sellers sales T he recent change to stamp duty thresholds will benefit the buyers of lower valued homes… but it also means a higher tax for the larger family homes being purchased in Hammersmith & Fulham. It has at least provided some closure on the subject, which many thought wouldn’t happen until later this year. Combined with a strong indication about interest rates gradually rising later in 2015 it will, perhaps, provide buyers with more confidence in today’s market without the results of Ma x