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Old 03-04-2010, 10:20 PM
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Post Stamp duty should be ?staggered?, expert claims

Banks would be encouraged to lend more easily to home buyers if stamp duty was changed to work like income tax, a mortgage expert has claimed. Catherine Hearnden, director of MyMortgageDirect, said stamp duty should be calculated relative to the house being purchased. “I think it should work like income tax, where it is staggered and increases [...]

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