Inheritance Tax  

Housing market could take hit in Labour IHT reform

Ruth Whitehead, of Ruth Whitehead Associates, said: "The housing market could definitely take a hit as it would definitely impact on middle class families in the south of England trying to support their first time buyer offspring to buy in a very expensive market.

"But, Labour are only ‘looking at’ lowering the inheritance tax allowances. This would only come to pass if Jeremy Corbyn won a general election and became prime minister.

"Which isn’t going to happen any time soon, if at all. So I don’t feel that is, as yet, a matter of concern."

imogen.tew@ft.com

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