Yes there are signs that people are interested in buying properties again. But supply of good properties is lower than expected due to the controversial HIP’S. Lets asume the government make an average of £45.00 in vat per property from a HIP‚ but only 300‚000 come on to the market of which 30% sell. If they removed HIP’S and say 500‚000 came on to the market of which 30% sell thus raising more Stamp Duty‚ surely this is the way forward. Come on Government now is the time to upset a few in the HIP industry‚ however‚ this will appease the majority and then get confidence higher‚ and start moving industry with the bounce of related house products‚ ie: carpets etc: being bought from home owners. It’s not rocket science Mr Brown. SCRAP THEM or MAKE THEM VOLUNTARY.
