Stamp duty revenues rise 60% in five years

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Stamp duty revenues rise 60% in five years

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02-25-2008, 02:00 PM

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Stamp duty revenues rise 60% in five years

Research from the UK’s largest mortgage lender, Halifax, shows that the average homebuyer is now paying 60% more stamp duty than in 2002.Over the past five years, the average liability has risen to £1,971, compared to £1,211. As a result, homebuyers in nearly one in three UK local authorities now need to save the equivalent [...]

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