Article: Call for an end to stamp duty for first-time house-buyers; Estate agents want Government to act to protect property market.(News)

Byline: Sarah Miloudi

SOME of Wales' leading estate agents have called on the Government to overhaul a property tax scheme that costs house-buyers thousands of pounds.

In a poll conducted by the Western Mail, surveyors and homes professionals said that stamp duty should be abolished for first-time buyers and that a more incremental band system should be introduced.

They claimed that a "yawning gulf" exists between the four payment bands currently in use, and that after the stamp-duty exemption ends in December, activity at the ...

Related newspaper, magazine, and journal articles:

 
 
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!