Posts Tagged ‘2016 property stamp duty’
Ten-year high for homes selling in a week as stamp duty holiday speeds up market
The number of homes selling within a week of coming to market is up 125% compared to the same period last year, and is the highest number recorded over the past ten years One in seven homes sold by agents since the stamp duty holiday was announced on 8th July sold within a week, compared…
Read MoreStamp duty holiday sparks home-moving frenzy in southern commuter belt
South East commuter towns have seen the biggest annual jump in seller numbers since the start of the stamp duty holiday, with newly marketed property doubling in some areas Harlow in Essex has seen new listings surge 121% compared to the same six-week period in 2019, followed by Hertford in Hertfordshire (up 113%), and Wickford…
Read MoreHave we Reached the Point of Too Much Tax on Property Investments?
When the most recent budget was announced it all became clear that there would be no relief from higher rates of Stamp Duty for institutional investors. Many are seeing this as the pivotal moment that investment property is being taxed too much. Taking you back to the 2015 Autumn statement that higher rates of Stamp…
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