Wednesday, March 7, 2007

Raising stamp duty had little or no effect for FTBs

Rising house prices forces most first time buyers to pay stamp duty - smartnewhomes.com

Buyers are finding it increasingly hard to purchase a property which doesn't force them to pay stamp duty. According to SmartNewHomes, buyers looking to purchase a new home under the £125,000 price bracket, to avoid paying stamp duty, are faced with relocating hundreds of miles away from family and friends as a result of the huge property price differences across the UK.

Posted by converted lurker @ 12:50 PM (470 views)
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