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Grant Thornton Summarises The Top Property Policies in Main Manifestos

As election day looms, the three main political parties have outlined their policies for the property sector in their manifestos. Clare Hartnell, Head of Property at Grant Thornton says: "given the hit the property sector took during the economic downturn, what we would like to see from any political party that comes into power is a clear commitment to helping the sector back onto its feet and strong policies showing how this will be achieved.

Increasing taxes on properties will not be a good move. The market is fragile and any moves to reduce returns after taking account of tax will not be helpful for the sector, nor will any more administrative burdens placed upon property and construction businesses."

The top property related policies in the three main manifestos are as follows:

 

For further information, please contact: Nicola Daley, Grant Thornton Press Office: on 020 7728 2244 or  Nicola.daley@gtuk.com