Article: New buyers paying [pounds sterling]1,700 stamp duty.

Article from:
Daily Mail (London)
Article date:
January 10, 2008
Copyright

ALMOST one in 10 first time buyers takes out a 100 per cent mortgage,risking negative equity if property prices slip.

And the Conservatives say more than 65 per cent of new buyers now pay stampduty. That figure is up from half two years ago and costs them on average[pounds sterling]1,731.

The threshold for stamp duty is [pounds sterling]125,000 while the average price of a home inEngland was [pounds sterling]173,134 last year.

Eric Pickles, shadow secretary of state for communities and local government,said: 'One of the most damning indictments of Gordon Brown's record is that thenumber of first time buyers has plummeted to its lowest level for ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: We'll axe stamp duty up to [pounds ...
The Daily Mail (London, England);  April 22, 2005 ;     700+ words ... ... point for paying stamp duty would rise from [pounds sterling]120,000 to ... campaign. His move on stamp duty capped a [pounds sterling]4billion package ... ago you paid [pounds sterling]900 (stamp duty) on the average ...

Article: Chancellor's [pounds sterling]1bn-a-month bonanza ...
The Daily Mail (London, England);  May 23, 2006 ;     700+ words ... ... is raking in [pounds sterling]1billion a month in stamp duty, according to ... handed over in stamp duty and [pounds sterling]1billion in inheritance ... they die. The [pounds sterling]4billion stamp duty is not just money ...

Article: [pounds sterling]600m stamp duty ...
The Daily Mail (London, England);  March 10, 2009 ;     700+ words ... ... taxpayer is likely to be [pounds sterling]148million. Stamp duty rakes in [pounds sterling]6.5billion a year for the ... 250,000 pay 1 per cent in stamp duty. For homes more than [pounds sterling]250,000, it leaps to 3 ...

Article: Labour rakes in [pounds sterling]31billion in ...
The Daily Mail (London, England);  February 21, 2008 ;     700+ words ... ... forked out [pounds sterling]31.5billion in stamp duty over the past ... 1998, just [pounds sterling]830million in stamp duty was paid. Increases ... forless than [pounds sterling]250,000. If the stamp duty threshold had ...

Article: TORIES TO AXE STAMP DUTY FOR MILLIONSHoward's boost ...
The Evening Standard (London, England);  April 21, 2005 ;     700+ words ... ... but the stamp duty threshold ... raised from [pounds sterling]60,000 ... more than [pounds sterling]250,000 ... be charged stamp duty at the same ... THE FACTS STAMP duty is charged ... more than [pounds sterling]120,000 ...

Article: How the Labour billionaire can save [pounds ...
The Daily Mail (London, England);  March 20, 2007 ;     700+ words ... ... the buyer would pay just [pounds sterling]350,000 in stamp duty, instead of [pounds sterling]2.8million, a loss to ... which would have saved him [pounds sterling]2.45million in stamp duty. Mr Mittal's spokesman could ...

Article: Homebuyers wince as stamp duty hits a record ...
The Daily Mail (London, England);  September 7, 2006 ;     700+ words ... ... a record [pounds sterling]1billion in stamp duty between April ... for paying stamp duty was raised ... price of [pounds sterling]60,000 ... increase the stamp duty threshold to [pounds sterling]125,000 ...

Article: [pounds sterling]7,000 extra on home stamp ...
The Star (Sheffield) (Sheffield, England);  July 2, 2008 ;     609 words ... ... out almost [pounds sterling]7,000 more in stamp duty than a decade ... have paid just [pounds sterling]998 in stamp duty in 1997, according ... a jump of [pounds sterling]1,314. In Barnsley, stamp duty on family homes ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives