Stamp Duty: Amount homeowners pay soars 490% in 25 years
06.12.2021
Stamp Duty has been a topic of discussion this year as chancellor Rishi Sunak introduced a Stamp Duty holiday to encourage the housing market to keep moving during the pandemic. With the holiday now over, homebuyers are having to pay the tax again and figures show the amount being paid has soared.
Stamp Duty was first introduced in 1997 and the amount paid by homebuyers has increased by an average of 8.4% every year, according to the Financial...
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