Article: Stamp duty hits first-time buyers hardest; The Urbanite happening Spiky and atypical musings.(Features)

Byline: David Cottrell

THE rising cost of stamp duty is seriously affecting people's decisions to move house, according to a survey carried out by internet site PrimeMove.com.

Almost 50% of those surveyed said they are deterred from moving because of the high cost of stamp duty, which raked in pounds 4.6bn for the Treasury in 2005/2006 - an increase of 175% in the last five years.

The property tax ...

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