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One in five home buyers now over the higher stamp duty threshold

By: Language: English Publication details: 2007Subject(s): Online resources: Summary: Calculates that over the past five years there has been a 281% rise in the number of home sales in England and Wales above the £250,000 threshold at which a 3% rate of stamp duty is levied. The number of residential property sales attracting at least 3% stamp duty has increased from 73,403 in 2001 to 279,408 in 2006.
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Item type Current library Call number Copy number Status Barcode
Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 136995-1001

Calculates that over the past five years there has been a 281% rise in the number of home sales in England and Wales above the £250,000 threshold at which a 3% rate of stamp duty is levied. The number of residential property sales attracting at least 3% stamp duty has increased from 73,403 in 2001 to 279,408 in 2006.