King Of Fools Posted March 23, 2006 Share Posted March 23, 2006 The increase from £120k to £125k was supposed to "help first-time-buyers" but, if anything, it will do the opposite. House prices cluster around the stamp duty thresholds. So nobody would try to sell a house between £120k and £140k (for example). All the government has done is raise the artificial ceiling so now a first-time-buyer who might have been lucky enough to buy a house under £120k will have to find an extra £5k! Quote Link to comment Share on other sites More sharing options...
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