Joint Press Release On Measures Relating To Residential Property

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Therefore, there may be little level in making an attempt to predict the market route. As an alternative, a sensible investor will watch for indicators of market stability and seek for properties which are undervalued and that give a high and predictable cash stream.

At present, the SSD is paid by owners who promote their residential property inside 4 years of buy, at rates of between 4 p.c and sixteen p.c of the property's worth. However, since this measure was launched in January 2011, the number of property sales within the 4-12 months window has fallen considerably.

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