The market is busy in the face of the upcoming General Election. Buyers are jumping in where they see good value, good locations or both. There is plenty of interest in the top end of the market; if this is being hampered then it's by high stamp duty rates; the upcoming election seems to be having little effect.

The small Government majority seems to have spawned some ill-considered policy of late - not least the stamp duty rates which are unnecessarily high and damaging to the London market and economy. There is no reason for the high percentage bands - by their nature, percentages levy higher amounts at higher values. With the 3% addition the top of the market is saddled with a 15% tax.

Please don't hesitate to contact Dexters for any advice on selling or letting your property. We are contactable seven days a week from 8am - 8pm.