Giles Barrie’s Pre-Budget Report blog shows little to turn property on

9 December 2009 | By Giles Barrie.

For property the reaction to the Pre-Budget report will be pretty lukewarm.Congratulations first to the business centres lobby for winning an extension to empty rates relief for another year for premises with a rateable value below £18,000.Housebuilders, too, have won a desperately needed promise to reduce the `impact of regulation on the house building sector’.On the Private Rented sector, it is, however, a promise of jam tomorrow.It’s better than nothing, but ...

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