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Taking Stock: Of tax and houses

IT’S BEEN QUITE THE WEEK for us at TS Towers, what with the Autumn Statement and whatnot.

Keeping up with all the comings and goings very much took its toll. That said, if there’s one crumb of comfort to journalists it’s that we can always remind ourselves that we’re not estate agents, many of whom had to burn the midnight oil in order to complete deals following the chancellor’s changes to SDLT.

But what really tickled us was subsequent – somewhat hyperbolic – reports that some people had been “panic-buying high-end properties” as a result.

TS isn’t sure how one can panic-buy a property, but we’re pretty sure that it’s unlikely anyone popped out for a paper and came back with the keys to a Kensington townhouse.

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