Stamp duty rise poses threat to housing market
Stamp duty rise poses threat to housing market
- 1997
- RICS Press Release (pr69.res) 27 June 1997 (2) .
RICS warns that average house prices could fall by up to 5 per cent for every 1 per cent the Chancellor adds to stamp duty. A new report, "The impact of changes in stamp duty on the residential property market", identifies the consequences of an increase in stamp duty.
HOUSE PRICES
RESIDENTIAL PROPERTY MARKET
RICS
STAMP DUTY
RICS warns that average house prices could fall by up to 5 per cent for every 1 per cent the Chancellor adds to stamp duty. A new report, "The impact of changes in stamp duty on the residential property market", identifies the consequences of an increase in stamp duty.
HOUSE PRICES
RESIDENTIAL PROPERTY MARKET
RICS
STAMP DUTY