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Mini Budget: UK Government's Permanent Stamp Duty Cut May Inflate House Prices

Industry Experts Warn Move May Stoke House Price Inflation
New Chancellor Kwasi Kwarteng leaves Downing Street on September 6, 2022 in London, England. (Photo by Rob Pinney/Getty Images) (Getty Images)
New Chancellor Kwasi Kwarteng leaves Downing Street on September 6, 2022 in London, England. (Photo by Rob Pinney/Getty Images) (Getty Images)
CoStar News
September 23, 2022 | 9:50 AM

During his mini-budget today UK Chancellor Kwasi Kwarteng announced a permanent cut in stamp duty in an effort to make home ownership more affordable as Britons ride out the cost-of-living crisis.

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