Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

The Conservative Party leader Kemi Badenoch surprised her part conference byannouncing a bold pledge: to abolishStamp Duty on residential property purchases.For decades, Stamp Duty has been one of the biggest frustrationsfor buyers in the UK housing market. Whether you’re a first-time buyer scrapingtogether a deposit, or a property investor looking to expand, Stamp Duty hasalways added thousands to the cost of moving.Watch video - https://youtu.be/HkatdJ4CryoTheConservatives argue that scrapping it will:Make housing more affordable for familiesEncourage mobility in the marketStimulate property transactions and economic growthButcritics warn that it could push up houseprices, as buyers with extra cash bid higher, and may not solvethe deeper issues of affordability. For landlords and second-home buyers, itcould be a major tax saving — but will it mean more competition for first-timebuyers?From a UK perspective, thispromise could reshape the housing market. If delivered, it would mark one ofthe most significant