Although the news has been welcomed by many organisations and agents who say the planned database would be of benefit to individual buyers and sellers as well as to agents and would provide an accurate picture of the market, the news has been met with mixed feelings by... the punters.
On one side of the fence many believe that the database is a step in the right direction towards a more stable property market in the long term but on the other side the fence there are many who do not favour the introduction for various different reasons including the issue of privacy and the idea that the information will be used to calculate a new property tax… “I as a private individual, the price I bought my house for is none of anyone's business”…”No, its just another way to calculate values for property a tax”.
Property Sale Price Database:
