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Commercial Credit News
|Budget reaction from Rob Jupp, CEO of Brightstar|
|Wednesday, 08 July 2015|
Rob Jupp, CEO of Brightstar, comments on today’s budget speech by the Chancellor of the Exchequer
“The budget was surprisingly light on information to boost the housing market. The announcements on the mortgage interest rate for buy-to-let to the lower rate tax band is likely to have quite an effect though and could well dampen the market. Ironically not for the lower end ‘accidental’ landlords who are less likely to be disadvantaged by the move and not for company schemes who invest in property.
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