Wednesday, Nov 22, 2006

Price increases mean only 1 in 33 FTB's escape stamp duty

Telegraph: Fewer than one in five homes escapes stamp tax threshold

Relentless house price inflation means that fewer than one in five properties now escapes the 125,000 stamp duty threshold, new figures disclosed last night.The threshold was doubled from 60,000 only 18 months ago by the Chancellor and then increased again earlier this year to help first-time buyers to get a foot on the property ladder.

Posted by jellycaster @ 09:07 AM (424 views)
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