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King Of Fools

Stamp Duty Increase From £120k To £125k

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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!

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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