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Article: Stamp duty row paralyses market.
- Article from:
- Daily Mail (London)
- Article date:
- August 13, 2008
CopyrightCOPYRIGHT 2008 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: James Chapman
DEVASTATING evidence of the paralysis gripping the housing market because of Labour's dithering over stamp duty can be revealed today.
Thousands of buyers are putting off their purchase until later this year in the hope of saving thousands of pounds in tax, research seen by the Daily Mail suggests.
Almost two out of three estate agents - 62 per cent - said that customers have expressed doubts about going ahead, and one in four - 25 per cent - said that sales have actually fallen through in recent days.
Three-quarters reported that applicants who had registered an interest in buying a property are now asking ...