Monday 31 January 2011

Stamp duty get-out if you insulate your home | This is Money

Stamp duty get-out if you insulate your home | This is Money

Homebuyers who agree to insulate their properties could benefit from a cut in stamp duty under plans being considered by George Osborne.

They would see the amount slashed if they sign up to the new 'Green Deal' scheme to make their home more environmentally friendly.
The Government estimates that the incentive will help create about 75,000 jobs in the insulation industry. The Chancellor also hopes it will boost the flagging housing market.

It is envisaged that rather than having to pay for new insulation up front, householders would meet the cost from money saved on future fuel bills.

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