Articles in the Stamp Duty Category
Stamp duty rush caused 2-year high in first-time buyers
The number of loans to first-time buyers hit a two-year high in December 2009, driven by a rush to buy properties in the £125,000 – £175,000 bracket before the year-end stamp duty concession expired, according to figures released by the Council of Mortgage Lenders.
Posted in 2010, Affordability, House Prices, Stamp Duty, cml, first time buyers on 14 February 2010 Areas with low prices the winners from stamp duty holiday
Area with low house prices where the obvious winners from the stamp duty holiday last year, the Council of Mortgage Lenders (CML) has said.
Posted in 2010, Stamp Duty, cml on 3 January 2010 Calls for stamp duty holiday extension
A group of Labour MPs have put pressure on the Government to extend the current stamp duty exemption for properties under the £175,000 threshold – issuing an Early Day Motion on the issue.
Posted in 2009, NAEA, Stamp Duty on 3 December 2009 The return of stamp duty could be ‘detrimental’
A return to the previous bands for stamp duty, when the current holiday is due to end on the 31st December 2009, could have a detrimental effect on the recovery of the housing market in regions that are already lagging behind, according to the latest research from RICS.
Posted in 2009, Affordability, RICS, Stamp Duty on 18 November 2009 Coalition leads calls for stamp duty reform
Industry heavyweights have added their support to the 1808 Coalition, set up by the National Association of Estate Agents (NAEA) and the Association of Residential Lettings Agents (ARLA) to campaign for the Government to modernise Stamp Duty.
Posted in 2009, ARLA, NAEA, NLA, Stamp Duty on 17 November 2009 One third of first-time buyers escape stamp duty
One third of first-time buyers escaped paying stamp duty in September as a result of the government’s temporary £175,000 nil-rate threshold, according to new data released by the Council of Mortgage Lenders.
Posted in 2009, Stamp Duty, cml, first time buyers on 12 November 2009 One in three benefit from stamp duty changes
New research from Halifax shows that up to 112,000 homebuyers in England and Wales – 31% of all buyers – have been exempt from paying the tax as a result over the ten months between September 2008 and June 2009.
Posted in 2009, Halifax, Stamp Duty, first time buyers on 21 September 2009
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