Thursday, September 4, 2008

Panders to the VI’s, but won’t stop the rot…

Will £175,000 tax threshold kick-start house sales?

THE announcement to raise the threshold at which stamp duty has to be paid by house buyers has been broadly welcomed by Furness estate agents....But while stamp duty has been seen as a heavy burden for first-time buyers in the past, the tax now pales in comparison to the huge deposits people need to find in order to buy a home.

Posted by whostolemyendowment @ 12:46 PM (426 views)
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