Cut in house-buyer tax boosts interest in buying a home
There has been a 25% increase in viewings since the government agreed to reduce the tax on transferring property ownership from 6% to 2%, according to the VBO real estate agents association.
Other research for television show EenVandaag has also shown a surge in interest in property since the tax cut was announced.
‘The negative spiral would appear to have finally been broken,’ said Roeland Kimman of the NVM estate agents association in the AD. ‘All our members are telling us the same thing – that more people are viewing and more deals are being agreed.’
The tax cut saves home buyers thousands of euros on transaction costs.
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