Stamp duty receipts rise 11% in February
Original Article Summary
Is it time to reform stamp duty to boost activity in the housing market?
PropMatch Curated Analysis
Stamp duty receipts rose 11% to £995m in February, with annual receipts up 18% to £15.4bn, largely due to the threshold drop from £250k to £125k. Industry calls for reform to boost market activity.
Investor Relevance
Higher stamp duty costs directly impact investor acquisition budgets and deal viability. The threshold reduction means more properties trigger stamp duty, reducing investor purchasing power and potentially slowing market turnover.
Original Source:
Property Industry EyeStay Updated
Subscribe to our weekly briefings for curated property news and insights