PBR: Stamp duty on new homes scrapped

Gordon Brown says the initiative will be focused on new build properties with a zero carbon emission rating as part of a wider plan to ensure all homes in the UK achieve a zero rating within the next 10 years. The Chancellor says he will also consult on a new facility to undertake energy audits and offer low loans that would in time, because of low energy bills, pay for themselves. Brown has also announced more brownfield sites are to be released in response to the Barker Review on planning. The Chancellor says the sites will make it possible to build a further 130,000 new homes enabling ...