The mini-budget has been introduced by Chancellor Kwasi Kwarteng to help promote growth during the cost of living crisis.
What is essential in the mini-budget?
45% higher rate of income tax abolished for England, Wales, and Northern Ireland taxpayers.
What mini-budget means for the housing market?
All of this will undoubtedly produce a short-term increase in activity in the housing market. Demand for one-bedroom flats and two-bedroom houses may pick up more notably due to the more significant incentives on offer to first-time buyers.
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